May I say you could be focussing on the wrong number. The upfront of up to $6m is really insignificant compared to the certain $32m savings. That is the main game here. The savings now allow IMU a runway till 2026. In addition, it now frees up management time (invaluable) to deal with our main game, and not having to manage a manufacturing facility.
Hope you see my point.
EDIT: Oops...looks like @Jack1960 has beaten me to it
May I say you could be focussing on the wrong number. The...
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Last
6.1¢ |
Change
-0.001(0.82%) |
Mkt cap ! $439.1M | |||
| Open | High | Low | Value | Volume |
| 6.2¢ | 6.4¢ | 6.0¢ | $246.2K | 4.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 1292271 | 6.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.1¢ | 762504 | 18 |
View Market Depth
| Last trade - 11.41am 06/06/2024 (20 minute delay) ? |
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Last
6.0¢ |
Change
-0.001 ( 2.91 %) |
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| Open | High | Low | Volume | ||
| 6.2¢ | 6.4¢ | 6.0¢ | 989380 | ||
| Last updated 11.57am 06/06/2024 ? | |||||
| IMU (ASX) Chart |