Why IMU is a multi multi bagger, page-31571

  1. 4,386 Posts.
    lightbulb Created with Sketch. 4553
    He sold 75m shares in 2021 for $36,750,000.

    https://announcements.asx.com.au/asxpdf/20211213/pdf/4543mkwk23jhcm.pdf

    This is in addition to the 107m he gave the bank in 2020.

    https://company-announcements.copyright link/asx/imu/acd0e65a-44a3-11eb-ba8c-7ab64016da7f.pdf

    The 20m shares he gave the bank in 2022.

    https://www.listcorp.com/asx/imu/imugene/news/change-of-directors-interest-notice-2892184.html

    The 14m shares he sold in 2024.

    https://www.marketindex.com.au/asx/imu/announcements/change-of-directors-interest-notice-ph-3A641106

    And finally the 80m shares he gave the bank 2024.

    https://www.listcorp.com/asx/imu/imugene/news/change-of-director-s-interest-notice-ph-3092660.html

    So as it stands, IMU's chairman has handed over half his (207m of 409m) remaining shares to the bankers for whatever they so desire.

    https://hotcopper.com.au/data/attachments/6714/6714385-8ac3d56bd23f0de872007af0ab86b182.jpg


    If he believed the recent clinical results were excellent, he would be redeploying his tens of millions at these multi-year lows. Instead, he's just issued convertible notes to a private equity vulture and cratered the share price by another >60%.

    These are the facts.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.5¢
Change
0.000(0.00%)
Mkt cap ! $112.0M
Open High Low Value Volume
1.5¢ 1.6¢ 1.4¢ $125.4K 8.369M

Buyers (Bids)

No. Vol. Price($)
76 17029463 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 1061875 3
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
IMU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.