IMC 5.68% 8.3¢ immuron limited

Will they have another go at Covax19? Novax $12 Billion USD Cap, page-12

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    I am sure Petrovsky wishes to cash in, and also the mean to raise fund via the stock market for drugs development and field trials.
    He can easily sell 51% of Maxin to IMC for a price as per independent valuation. Cash and scripts would be the best way to go. We then can manage Maxim as a subsidiary, and responsible for 51% of operation cost and benefit… I am sure the ASX won’t say much on this partial acquisition. Cheers
    Last edited by ML173: 08/11/21
 
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