I thought the $20M CR was at 3.8c so there's a chance it can be converted at higher after further positive clinical trial updates for the next 3-6 months??? I only thought the premium was the $26M at 5c but IMU had the option to buy back these warrant at 10% higher. This arrangement seem to be better than I initially given if they aren't further positive updates then the pps will be less than 2c so why would they even bother to convert. I think they are planning to invest in IMU but hedging their bets on the clinical trial updates.......
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $82.13M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.1¢ | $376.2K | 32.83M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 3534042 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 11298051 | 21 |
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| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| IMU (ASX) Chart |