Hey srsbsns,
“I guess to be realistic, the only peopleholding shares are speculative holders(gamblers) and traders. “
OK let's be realistic!
So you aresaying the Chairman, CEO, The Vanguard Group, Blackrock Inc., Netwealth Investments,State Street etc… are all “speculativeholders(gamblers) and traders. “
Really?????
I would say that these are the type of investors can seethe forest through the trees.
“When IMUs drugs go from trial to commercialised, then Iimagine the SP rocketing exponentially with a whole swag of new investors whowant in on a sure thing.”
IF IMU should achieve this feat, then we are no longertalking about a multiple cent share price but a multiple dollar share price.
Yes – “drugs go from trial to commercialised, then I imaginethe SP rocketing exponentially with a whole swag of new investors who want inon a sure thing.”
BUT, we are now not talking about a big Aussie Pharmaceutical company. We are already the second largest Health Care, Pharmaceuticals, Biotechnology & Life Sciences on the ASX – The one above us is CSL with a market cap of over 100 Billion Dollars, and to my knowledge and I don’t believe they produce any Cancer or Immunotherapy drugs. (Although rumour has it that they are specialist at producing snake antivenin and COVID 19 vaccines which not a lot of people in Australia really want to take).
Srsbsns –Please don’t get me wrong as I amnot having a go at your post, I am only giving you my honest opinion on mythoughts as to what you have stated!
Cheers,
AC
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