IBX - Imagion Biosystems

[barney]

What bar in the bahamas do you want to meet?

Lol ... I've never been outside Australia ... but the Moon Bar looks pretty cool

 

[barney]

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

2 months later we are back near the same level. Clinical trials soon. Probably see a bit more pushing and shoving for a couple of weeks.

 

[barney]

Behaving as suspected. If the trials are proven successful late this year, this could easily go exponential. (holding)

 

[tech/a]

Ducks happy.

 

[Austwide]

IBX in trading halt until 23/11 at their request pending news.

 

[barney]

IBX in trading halt until 23/11 at their request pending news.

Yep, the dreaded Cap Raise (again)

Management had hinted they would likely have another CR in a recent interview so not too surprised.
I just hope they don't discount too much. VWAP possibly around 12 cents, so a 20% discount would raise at around 10 cents

I'm ok with 10 cents if they bring a heavy hitter to the table (Siemens would be handy ) But if they throw a lot of shares at someone for 8.5 cents or similar, it would be a bit of a slap in the face for the average punters/supporters.

The announcement states a "potential" capital raise ..... Unusual wording, "potential".

Lets hope its a serious player getting set because the Company is super confident with the upcoming trials, rather than an each way bet just in case things don't go well

 

[barney]

But if they throw a lot of shares at someone for 8.5 cents or similar, it would be a bit of a slap in the face for the average punters/supporters.

I must have been channeling the cap raise price ... 8.5 cents it is. Cheap shares for the big end of town.

The good thing is the SP has held up unbelievably with plenty of buyers up to 11.5 cents which endorses the positivity for the upcoming trials.

 

[frugal.rock]

Wow. I don't hold.
Pumpty Humpty .... good one Barney.

 

[barney]

Pumpty Humpty

Lol ..... Does look a bit weird to be trading at 15 cents one day after an 8.5 cent Cap Raise

Not complaining of course ... Just hope the bus keeps picking up passengers

 

[barney]

Had posted up a Chart scenario previously but my computer had a spaz attack ......

In brief .....The chart says it all .....

Plan A ... Above 16 cents in the next day or two then 20 cents WILL happen ...... Below 14 cents in the same time frame, then more time required before plan A

Picture perfect Spec chart ... All we need now is positive news! (Likely just before Xmas )

 

[barney]

Below 14 cents in the same time frame, then more time required before plan A

IBX is my Major pick for the 2021 yearly comp.

Recent price action turned out to be plan B ... kind of expected given Trial results will not be known for a couple of months into the New Year I assume.

Its at the stage it could double overnight on good news or halve overnight on ordinary news. Management seem pretty confident of long term success.

 

[dutchie]

IBX ready to fly. Bullish if it breaks $0.17. May revisit this level before shooting higher to $0.38 +

 

[barney]

IBX ready to fly. Bullish if it breaks $0.17.
May revisit this level before shooting higher to $0.38 +

I like the sound of 38 cents @dutchie Agree, over 16 cents/breaking 17 will be in blue sky territory where anything could happen. It's one of those stocks that could do anything if they prove their technology.

Current rotation between 13.5 and 14.5 cents actually looks healthy to me. With the Trial results still a while off, the Day Traders will be trying to time any pushes to their best advantage. If we hover around 14-16 cents till then all is fine.

 

[dutchie]

I like the sound of 38 cents @dutchie Agree, over 16 cents/breaking 17 will be in blue sky territory where anything could happen. It's one of those stocks that could do anything if they prove their technology.

Current rotation between 13.5 and 14.5 cents actually looks healthy to me. With the Trial results still a while off, the Day Traders will be trying to time any pushes to their best advantage. If we hover around 14-16 cents till then all is fine.

Yes agree, price bouncing within triangle is positive. Price might hit resistance line of triangle and then support line of triangle before moving higher.

 

[Miner]

IBX belongs to @barney and it does not matter, if both of have top picks for this one, Barney is real winner.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02322851-3A558149?access_token=83ff96335c2d45a094df02a206a39ff4

This study is going to make or break for IBX.

 

[Ada95]

I don't care what the charts say, this is my top pick for 2021 because any sniff of success in humans with this HER2 study will confirm the proof of concept, and IBX will blow.
Unlike RHY, which is solving a useful problem, it's quite specific. HER2 is just one of many medical issues that could be detected earlier with this technology.

The trial is 6-9 months, but I would suggested that we'll hear word on the capability of the technology. When that happens, if positive, the ASX couldn't catch them to given them a speeding ticket. It'll go 50c+ in a week.

 

[Ada95]

It seems I failed to properly finish a sentence.
I meant to suggest we'll probably hear one way or another in the first half of the year, prior to completion of that particular study.

Then hold onto your hats!

 

[Miner]

It seems I failed to properly finish a sentence.
I meant to suggest we'll probably hear one way or another in the first half of the year, prior to completion of that particular study.

Then hold onto your hats!

Looks like you could not sleep without completing the unfinished sentence. That's a dedication.
I also could not sleep without seeing you completing the sentence. Now will sleep well. LOL

 

[barney]

Current rotation between 13.5 and 14.5 cents actually looks healthy to me.
With the Trial results still a while off, the Day Traders will be trying to time any pushes to their best advantage.
If we hover around 14-16 cents till then all is fine.

IBX has been Accumulated for a while now so assuming the heavy hitters have been doing the buying, it's fair to suggest that this morning they decided the 14 cent level is done and dusted.

Today's "Friday Push" looks nicely timed. With the healthy uptick, it should be on Punter's radars over the weekend.

With above 17 being basically blue sky, and the recent accumulation at 14, I think 21 cents (14+ 50%) could easily be tested before the end of next week. (my opinion of course so take with a grain of salt? )

All still Speculation until Trial results are known so am expecting some Roller Coasting till then????

 

[barney]

Ticking up a little today to 18 cents.

Given what Bard 1 (BD1) SP has done the last few days, you'd have to think IBX might get similar attention if their current Trials prove positive.

Management have always been confident in their technology ... Waiting game.