we all know how stocks work...
we are talking about money here...
not couple of hundreds ..
if imu doing phase 3 trial then it all good..
phase 2 is long way for commercial production...
need phase 3 and fda approval ..
at least 3 years...
currently burning $100m a year..
so need $250m a year...
it all about money...
we are juniors... we need constant cap raised.. it part of the game...
during covid any biotech rocket to the moon since easy money and market sentiment...
example.. Lithium... uranium....
they crashing down...
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