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1.64%

6.0¢ imugene limited

Ann: Notice of Annual General Meeting/Proxy Form, page-271

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tak1

283 Posts.

46

21/11/23

21:12

Post #: 71029692
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Originally posted by HamishM: ↑

Geez you are confused. Our company had over $150 million in the bank!!!!........ If, and only if, it was deemed essential to raise cash immediately, then raise a much smaller amount at a far reduced discount.... say $20 million tops at 12 cents with no free attaching options. Talk about snatching defeat out of the jaws of victory!! If Leslie or Monil Shah, or even Pauly couldn't sell the idea that IMU was worth 12 cents per share after Leslie and Monil had locked in the Allo CART T Cell technology (which is very, very value accretive) then they are in the wrong roles. Hopper and the Board's massive mistake (and I am being kind using that word) was to allow the Bell Potter's multi multi millionaire brokers to use the (optional) cap raise for their own ends, not shareholders. Hence, large sections of the sophisticated investment community think that Hopper is a loon. As a senior Sydney broker said to me straight after the CR was announced; options really damage your share price; companies should not be issuing them. DYOR etc

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how is he confused?
the only confusing thing is your post which quotes nothing.

IMU have been clear, the money in the bank has alway been for a long runway. Funding purchases isn’t helping that long runway.

IMU Price at posting: 9.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 6.0¢		Change -0.001(1.64%)		Mkt cap ! $439.1M

Open	High	Low	Value	Volume
6.2¢	6.4¢	6.0¢	$191.1K	3.086M

Buyers (Bids)

No.	Vol.	Price($)
26	1014251	6.0¢

Sellers (Offers)

Price($)	Vol.	No.
6.1¢	774369	10

View Market Depth

No.	Vol.	Price($)
26	1014251	0.060
13	1723413	0.059
14	1207217	0.058
11	1209599	0.057
19	2024134	0.056

Price($)	Vol.	No.
0.061	774369	10
0.062	316999	11
0.063	590792	3
0.064	601873	9
0.065	826068	8

Last trade - 10.47am 06/06/2024 (20 minute delay)


Last 6.1¢			Change -0.001 ( 2.10 %)
Open	High		Low	Volume
6.2¢	6.4¢		6.0¢	937297
Last updated 11.01am 06/06/2024 ?

IMU (ASX) Chart

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