IBX - Imagion Biosystems

[System]

Imagion Biosystems operates within the medical device and imaging sector and is focused on developing the MagSense™ product and partnering with leading industry players to commercialise the MagSense™ instrument and associated diagnostic tests.

It is anticipated that IBX will list on the ASX during May 2017.

https://imagionbiosystems.com

 

[Sean K]

WOW, this looks interesting.

IMAGION BIOSYSTEMS LIMITED(ASX: IBX)

18 July 2019

Imagion Biosystems receives FDA Breakthrough Device Designation

MELBOURNE — Imagion Biosystems Limited (ASX: IBX) (the Company), a company dedicated to improving healthcare through the earlier detection of cancer, today announced that it has received notification from the Center for Devices and Radiological Health (CDRH) of the Food and Drug Administration (FDA) that the MagSense System and Test for staging HER2 breast cancer has qualified for and been granted designation as a Breakthrough Device.

 

[barney]

Looking like an inside day around the .05 cent mark so as expected technically. As you say @kennas, if the technology of these diagnostic machines gets to production stage, the impact could be massive for the healthcare sector.

 

[barney]

WOW, this looks interesting.

It did ….. It certainly pays to be nimble at the Spec end though … Chart tells the story.

If I were a suspicious fellow, I'd be questioning the sequence of events

 

[frugal.rock]

Probably a good time to dust off the thread?
So, similar to BUD, IBX seems to have bounced off it's generally long term down trend showing impressive movement and volume over the last 4 weeks or so.
Product development continues and I really hope this is a "watch this space" kind of deal.
Holding a small parcel.
In at 0.026 and waiting for the results of this current minor pullback.
F.Rock

 

[frugal.rock]

Pullback over!
Forward march!

 

[frugal.rock]

DYOR.

 

[barney]

DYOR.

Well done "Rock" .... These aren't for the faint hearted

 

[frugal.rock]

Haha, not for me either!
They always move when I am not holding!
Grrr.
BUD looks like it is on the move again also. Consolidated for a while.
Not currently holding it either!
Hopefully Thor doesn't make me thor... (I have moved to the long game strategy... slow and steady, right?!)

 

[barney]

(I have moved to the long game strategy... slow and steady, right?!)

I'm personally much slower now days ... but also much UN-steadier

Sorry, I thought you caught the move on this one ... bugger if not

However, if this turns out to be the second thrust higher and the fundamentals have improved there might/should be another trade in it ...... Back on the watchlist, cheers

 

[frugal.rock]

There's too many to keep an eye on B, thus the desire to go the longer weekly mechanical game.
Incentiapay was another one recently...

 

[frugal.rock]

"All I want for Christmas is my 2 front teeth."
Break out material, maybe, based on today's volume. DYOR
Not holding. Disgraced.

 

[rnr]

"All I want for Christmas is my 2 front teeth"

and guess what, you're wish almost came true!
One giant toothpick to keep those fangs looking good.

 

[frugal.rock]

52 week high hit today....
$0.105. the joys of the "big one that got away".
Still not holding....
I need a better system, my brain has memory holes. Access denied.

 

[frugal.rock]

Looking like having another go at pushing through 10 cent, for anyone interested.
Not held.

 

[barney]

Looking like having another go at pushing through 10 cent, for anyone interested. Not held.

Broke my normal discretionary logic and bought this a couple of days ago at 9.7 cents.

Could have gotten it $700 cheaper if I'd waited 48 hours (shouldn't have broken my rules ... but discretionary means I have no rules)

I thought it looked like pushing through the 10 cents back then as you say Rock .... making hard work of it, but that is the norm at this level .... If the move is fair dinkum it could line wipe the 10.5 when the big traders are set.

Might be a a bit more heat at this level yet but Buyers were coming from off screen today so who knows

Should have paid more attention to you back in July and be sitting on 100% gain lol

 

[barney]

Posted this in the Potential Breakout thread simply because its getting to the pointy end.

I'm in way late but lots of recent Volume and each down push and corresponding re-test from the High to Low of the Range is getting shorter (Time-wise).

All depends on who has been doing the buying as to whether it jumps the 10 cent creek or not. If it does manage to break, a quick 20% gain to 12 cents looks likely as a starter, but same possibility to the downside .... each way bet at the moment.

 

[PatMC]

Posted this in the Potential Breakout thread simply because its getting to the pointy end.

I'm in way late but lots of recent Volume and each down push and corresponding re-test from the High to Low of the Range is getting shorter (Time-wise).

All depends on who has been doing the buying as to whether it jumps the 10 cent creek or not. If it does manage to break, a quick 20% gain to 12 cents looks likely as a starter, but same possibility to the downside .... each way bet at the moment.


View attachment 108884

Interesting announcement, should help with the upward trend.

Thoughts?

 

[barney]

Thoughts?

The BIO space is tough to time. There were plenty of Punters happy to bail after the mini spike on the news today.

This is the kind of Stock that one day might let you retire in the Bahamas, or alternatively beg for food on the streets ... depending on their results!

I like their technology ..... and accumulating pre results is how I prefer to play it, but Time will see some ups and downs.

I'm still in, so If you are also in @PatMC .... good luck to both of us!

 

[PatMC]

The BIO space is tough to time. There were plenty of Punters happy to bail after the mini spike on the news today.

This is the kind of Stock that one day might let you retire in the Bahamas, or alternatively beg for food on the streets ... depending on their results!

I like their technology ..... and accumulating pre results is how I prefer to play it, but Time will see some ups and downs.

I'm still in, so If you are also in @PatMC .... good luck to both of us!

What bar in the bahamas do you want to meet?