Don't panic - To all of the thousands of IMU long term holders, here's some reassuring home truth's.
I recall being a Chalky (board runner) on the ASX back on Black Tuesday (October 1987) The Dow Jones dropped over 500 points in one night back then, whilst only being at 2000 points- That's 1/4 wiped off in one night. Everyone thought the world was caving in, panic selling copied the US. Within three months, leading into January, weak stocks had perished, however the average saw stocks trading above their pre crash prices.
When a major world occurrence happens (Trump's Tariffs being the latest culprit), markets go into freefall. I'm an advocate of saying- somethings only worth what others are prepared to pay for it. However, whilst there's all but no demand and seemingly unlimited supply, at the end of the day stocks such as IMU can be at ridiculous prices.
The concerned citizens who've joined our discussions from other Immunotherapy companies, are having a field day. Not that their companies haven't been impacted, but now the- told you so, mixed with the vindictive nature of some without lives, has these oxygen thieves with a spring in their step- all at our expense. IGNORE them- you wont see them being first to the bar in NOOSA, they'll all simply disappear into the anonymity of cyber space, should our results see highs not seen before.
And guess what, we're already well into April, with results out before June 30th. The expansions to the trials mixed with what Leslie & Yuman have suggested, seems very promising. Throw your shares in the bottom draw for now. There not worth much at the moment, but history has taught me to be patient. The smart money will come from bargain hunters in the next few months. Who knows - 20 months worth of data, might just see a rerate to our share price, just when all the smarties start throwing their money around !
HANG IN THERE !!
-GO IMU!
Not Financial Advice - Opinions Only - DYOR!
IMU Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
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