Another interesting read for Sunday morning.
You pose a question as to why there is a disconnect with IMU's SP.
Quite a few factors have been discussed, and for what it's worth, my comment is that there are quite a few aussie biotech "investors" suffering from the Mesoblast effect.
They (MSB) have shown that it is possible to (I'll put this as politely as i can) totally stuff things up.
I am not saying that IMU will - I firmly believe that IMU will succeed. And in fact, I gave up my MSB holding a few months ago, and poured the resulting loss into yet more IMU.
Why IMU is a multi multi bagger, page-7847
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