IMU management is still in DENIA mode that there is nothing wrong with this management and current SP decline. After six years, not a single product in Phase 3 burning ~$400M on around 10 patients, and milking salaries in millions for what value addition.
How could you wake up in the morning and do not feel responsible when SP declined 90% in last 13 months. Just to pretend, they are doing nothing, now consolidation card is thrown before extinction. LC will not resign as she has no where to go as her professional career is at dead end outside of IMU and with her as CEO this is surely heading for extinction.
IMU Price at posting:
1.8¢ Sentiment: None Disclosure: Held
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