I've never understood why all the bull holds all pile in on...

I've never understood why all the bull holds all pile in on Steini or any other poster for raising concerns about management or the cash position of this company.

Just look at the last 4 years in this company, Leslie, Paul they both have history and form. And from what I've seen when they are quiet nothing good is just around the corner.

Still no one is talking about why IMU has not received it's FY 23 R & D rebate. It's a full 12 months late now. And given basically all office jobs go on leave as of Friday. I don't believe the company will receive it by the end of the quarter, nor share holders given any information of why the ATO is delaying payment.

Im expecting a capital raise in January before Q2 quarterly announcement. It's going to get real ugly when no deal appears, and IMU announces it has 1 quarter of cash in the bank on 31/01/2025.

You guys can keep you head in the sand if that gives you more comfort. But after hanging on in hope for many years for that deal just around the corner. I sold out for a huge loss after the last quarterly when I saw the writing on the wall, and have never felt better since.

Earliest catalyst for a deal opportunity is 6-12 months away (trial outcomes pending). I may look to revisit if management and cash issues are ever resolved.

Not telling people what to do with their own money and holdings. All in my opinion, not advice, DYOR. Though people here need to wake up to the extreme risks in holding this stock and start being more objective and realistic to what's going on.

Disclosure I sold my holding down to $500. To retain an option to part take in any future capital raise if Retail holders are giving an opportunity...

For those holdings that are still left, genuinely wishing you all the very best.