IMU 4.26% 4.5¢ imugene limited

Taureanbull: "The crazy part is, if IMU was sitting on a lithium...

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    Taureanbull: "The crazy part is, if IMU was sitting on a lithium or cobalt deposit the could sell US $480Bn a year of product, $100 wouldn't buy you a share."

    Taureanbull/others: That is not that crazy but in a way quite logical IMHO: The ASX does UNDERSTAND how to value MINING but has absolutely NO IDEA about how to properly value PHARMA/BIOTECH shares...
    But one can also look at this as an opportunity and buy biotech companies at much cheaper pricing on the ASX...

    As mentioned: JIMHO, of course and I could be wrong.

    All the best to all IMU holders and buyers. More patience required.

    wasa
 
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