- Joined
- 2 May 2007
- Posts
- 4,718
- Reactions
- 2,956
Looks like IMU will come out with some strong positives - speculating on its QBR published on 31 Oct.
IMU - Imugene Limited
- Thread starter yogi-in-oz
- Start date
-
- Tags
- imu imugene limited
- Joined
- 21 August 2008
- Posts
- 2,830
- Reactions
- 8,761
2024 CY Comp - Nov update.
IMU has been very disappointing and is the worst pick out of my 4 selections. Down 65% so far this year, nearly 12% down this month. It's knocked my average around a lot.
I can't see Dec making much difference to the return now. As I said before, very disappointing.
IMU has been very disappointing and is the worst pick out of my 4 selections. Down 65% so far this year, nearly 12% down this month. It's knocked my average around a lot.
I can't see Dec making much difference to the return now. As I said before, very disappointing.
- Joined
- 12 October 2007
- Posts
- 472
- Reactions
- 229
Another recurring disappointment for my portfolio that tests my patience on the thesis that good biotech research takes time and money to reap outsized returns. IMU has secured another $46M in convertible notes and expects another $11M in FY 2023 R&D rebates. Will this be enough to bring one of their clinical trial candidates to commercialisation or outcomes good enough to attract M&A attention? That's the gamble for me.
