Last time the markets were in a big Meltdown was due to COVID. IMU had reached a peak of 6.2c before but then got smashed due to a cap raising and COVID to 1.8c / 1.9c. After that it ran up to 62c.
IMU seems to move in a 5/6 year cycle, according to that, a new run could be on the cards. Trump will most likely trigger a US or even a worldwide recession, money policy again will be loose and stocks like IMU could benefit from that similar scenario like 5 years ago.
Back then Her-Vaxx was the star and CF33 just got licenced. Now PD1-Vaxx, Azer-Cel, CF33 and onCARlytics are all already in clinical trials, the launch base is loaded. What's needed is a board that can provide the fuel.
Time will tell.
IMU Price at posting:
2.8¢ Sentiment: None Disclosure: Not Held
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