Australian (ASX) Stock Market Forum

IMU - Imugene Limited

Yeah lol, had a bit of a shake the very next day after my previous post of course (down 5% or something) but all good again. From memory (and cbf checking details) trials due to finish very soon and then write them up.....my brain says results pushed back after June but could be wrong......let the buy the hype commence.
 
Looking good and with announcements right around the corner.
and then I saw ur June pick........Hmmmm, maybe.
Btw OT but speaking of being haunted, the one I really miss now ( long gone ) - and not totally sure I understand why - is the e39 M....hope u understand.
 
price way down since May....CR was announced and is almost done.....IMU are positioning themselves to be the B cell gurus......how much money that will pay remains unclear.
 
View attachment 87431


Ha, sounds like your being haunted.

Yes, up 9% and even a bit more now. Got to break through 4c to see blue sky but setting up nicely to have a crack at it. Certainly dancing up the bollies line and a strong ascending wedge.
Looking good and with announcements right around the corner.
While searching for some good tips for November - IMU attracted my eyes.https://www.asx.com.au/asx/share-price-research/company/[URL]https://www.asx.com.au/asxpdf/20191021/pdf/449psvd7xwws5q.pdf[/URL]

https://www.asx.com.au/asxpdf/20191023/pdf/449s1d9msj4ls8.pdf - this is an excellent news for sure. US Government probably concerned on gassification of tweets so need some good research and hence IMU - would be my tip in November (hopefully) - whosoever comes first gets it however.
 
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Good one Miner!
Your currently up 60% or so.
I am guessing you may get a free lunch or 3 if you hold. Currently 0.037, up today 19% alone.
The momentum still seems to be there also with volume.
Interesting stuff!
F.Rock
 
Well well!
With a close of 0.042 today, up 35% today, and no great signs of slowing down, tomorrow being a Friday might really get interesting!
As Arnold Schwarzenegger says in Total Recall when 'getting his ass to Mars', whilst passing through customs, in a fat woman suit, "get ready for a surprise'.
Don't lose your wit's guys!
I was in and out today, modest $ profit.
F.Rock
 
Haha, another 7% today.
I am wondering if Monday morning goes like this...
The scene, a massive, stinky hairy removalist (non gender specific.. hahaha) is carrying a cardboard box to the truck, " Eh bro, there's something leaking in this cardboard box, eh. It's all over my hands."... Other guy on truck back, "don't worry cuz, that single strip of sticky tape will hold it, toss it up quickly so we go get some chickens for lunch bro"
F.Rock
 
Haha, another 7% today.
I am wondering if Monday morning goes like this...
The scene, a massive, stinky hairy removalist (non gender specific.. hahaha) is carrying a cardboard box to the truck, " Eh bro, there's something leaking in this cardboard box, eh. It's all over my hands."... Other guy on truck back, "don't worry cuz, that single strip of sticky tape will hold it, toss it up quickly so we go get some chickens for lunch bro"
F.Rock
Frugal
With speculative shares, we need to prepare to get big thud when they fall.
When I posted on 28 Oct on this thread, it was a hunch after seeing the investment by the US Government. Nothing more than that. So far the speculation is working. Like all punts on the Tipping, I do put small money. IMU was no different. On the hindsight, if I knew any leakage then surely would have put lots of thousands of money by selling some other stocks.
At this point, I am enjoying the moment of glory and getting surprises at the volume of sales, price rise and no show cause note from ASX.
 
I'm hearing you Miner.
Of course, it's run may continue after being 'discovered' over the weekend?
I may throw a speccie amount on again sometime Monday, depending on figures.
I am wondering if FFG Fatfish Blockchain has another go on Monday from the same discovery, with Fridays volume not being seen for nearly 2 years, a potential trend reversal/ breakout candidate.
Cheers.
F.Rock
 
Update.
Opened at 0.047 (0.002 up) which was also the low of the day.
Closed at 0.053, up 0.008 or 17.8% from Friday.
Volume today was the highest on a 10 year chart at 258.8 million, somewhere around $13 million changed hands.(using a poultry 0.05 avg)
12th February 2018 had the previous highest volume (not including the past few days) of around 156 million.
Miner, I think this qualifies as a multi bagger
F.Rock.
 
I held this back in April 2018 and even placed in the monthly ASF share tipping contest with it.

Congrats to all that are riding this one.

upload_2019-11-18_19-56-34.png
 
Looks like some one has dobbed to the selector (??) that I have a likely win on Nov tipping. So IMU is going down for last few days.
On a serious note, the prices are getting back to normalcy after peaked on 21st Nov (?). What the charts say ?
This news should be of interest but not for impatient traders /investors as Phase 1 would start in 2020.
https://www.asx.com.au/asxpdf/20191125/pdf/44bwpxmx6bqhwy.pdf
Directors are dishing out free options to themselves for sure.
https://www.asx.com.au/asxpdf/20191119/pdf/44bqjxj2mxcn4l.pdf - comments please ?
 
after trading halt and capital raise, the price went down south again.
It is a trick the promoters are doing I think.

  1. Artificially jack the price so that people (Ha ! Insto who are supposedly to be cleverer to be SI under SI 708) can commit to buy at an elevated prince with notional reduction, only to be seen that they have busted their investment. From 0.06 on 22nd Nov, the price today has come to 0.04 (33% reduction ). I think the downslide would be continued giving the opportunity to buy again from market.

  1. upload_2019-12-2_20-27-45.png
    Then comes the loyal stupid investor. With the CR, they get nothing. It reminds me the BWX Capital raise. they have had a short fall but did not allow the normal holders to be rewarded with excess application but chosen their friends to sell the short fall and paying them commission too. I was angry then and wrote the CEO/Chairman about the shameful act. They replied saying, the directors used their discretion. Thankfully they did and saved my money. BWX down fall is known to every one. I sold out and had a grin.
  2. I am afraid to see something fishy with IMU - should I quit ? Ironically if I would have quited prior to end of November, my money would have saved more than 25%. But not a whinger, the rise on my portfolio in one month's has been phenomenal. So let me wait and see.
https://www.asx.com.au/asx/markets/priceLookup.do?by=asxCodes&asxCodes=IMU

https://www.asx.com.au/asxpdf/20191202/pdf/44c63x9sjqyrgw.pdf
 
after trading halt and capital raise, the price went down south again.
It is a trick the promoters are doing I think.

  1. Artificially jack the price so that people (Ha ! Insto who are supposedly to be cleverer to be SI under SI 708) can commit to buy at an elevated prince with notional reduction, only to be seen that they have busted their investment. From 0.06 on 22nd Nov, the price today has come to 0.04 (33% reduction ). I think the downslide would be continued giving the opportunity to buy again from market.

  1. View attachment 98847Then comes the loyal stupid investor. With the CR, they get nothing. It reminds me the BWX Capital raise. they have had a short fall but did not allow the normal holders to be rewarded with excess application but chosen their friends to sell the short fall and paying them commission too. I was angry then and wrote the CEO/Chairman about the shameful act. They replied saying, the directors used their discretion. Thankfully they did and saved my money. BWX down fall is known to every one. I sold out and had a grin.
  2. I am afraid to see something fishy with IMU - should I quit ? Ironically if I would have quited prior to end of November, my money would have saved more than 25%. But not a whinger, the rise on my portfolio in one month's has been phenomenal. So let me wait and see.
https://www.asx.com.au/asx/markets/priceLookup.do?by=asxCodes&asxCodes=IMU

https://www.asx.com.au/asxpdf/20191202/pdf/44c63x9sjqyrgw.pdf

That's biotechs for you. It's interesting how the price always goes up before the capital raise and comes back down again after!

IMU came onto my watchlist at some point recently because of early positive clinical results but I have not looked into it further because I am personally not impressed with the chairman Paul Hopper (who owns just over 2% and helps himself to $422k of salary plus incentives as the chair (according to the figures I have).

My opinion is based on Hooper's involvement with Kazia Therapeutics and my questions around the ethics of how he went about trading in the Kazia shares he acquired through his involvement in Kazia's acquisition of Genetech's GD-0084. Anyway, long story, but there is some opinion about that Hopper, for what ever reasons, went about trading his Kazia holding in a manner that absolutely trashed the Kazia share price earlier in 2019.

I think in Australia that is one of the problems with Biotechs, they are often headed and spruked by "entrepreneurs". My only suggestion to anyone looking to invest in biotechs is don't invest what you are not prepared to lose.
 
That's biotechs for you. It's interesting how the price always goes up before the capital raise and comes back down again after!

IMU came onto my watchlist at some point recently because of early positive clinical results but I have not looked into it further because I am personally not impressed with the chairman Paul Hopper (who owns just over 2% and helps himself to $422k of salary plus incentives as the chair (according to the figures I have).

My opinion is based on Hooper's involvement with Kazia Therapeutics and my questions around the ethics of how he went about trading in the Kazia shares he acquired through his involvement in Kazia's acquisition of Genetech's GD-0084. Anyway, long story, but there is some opinion about that Hopper, for what ever reasons, went about trading his Kazia holding in a manner that absolutely trashed the Kazia share price earlier in 2019.

I think in Australia that is one of the problems with Biotechs, they are often headed and spruked by "entrepreneurs". My only suggestion to anyone looking to invest in biotechs is don't invest what you are not prepared to lose.
Very informative . Thanks mate. I need to dig on Hooper. I could have sold as in a month it gave me 100 PC rise but capital gain resisted me. But now I lost 50 PC almost from the peak level and CGT will still bite.
 
Good one, thanks Barney.:cautious:

I got caught out holding... was in at .050 or so , a mere ~43% down. Poultry.
The jokes on me. :p
Bloody day job again.
It got away from me. It's in the bottom drawer, like most of the portfolio.:confused:
 
So, IMU hung down around .027 for a while there.
Yesterday showing a potential trend reversal with volume. closed 0.031
I still hold, hoping for the santa rally
F.Rock
 
That's biotechs for you. It's interesting how the price always goes up before the capital raise and comes back down again after!

I think in Australia that is one of the problems with Biotechs, they are often headed and spruked by "entrepreneurs". My only suggestion to anyone looking to invest in biotechs is don't invest what you are not prepared to lose.

I think that there's something in that for all of us.
Due diligence is of primary concern to me now to stay in keeping with my TP (trade plan) which is that the fundamentals need to be approved first before considering trading said stock and applying a risk category and rating.
Any suggestions of unethical behaviour by board members will increase the risk rating.
Risk type: Speculative
Degree : High
F.Rock
 
@frugal.rock I can see what you are trying to do with your risk cat / rank but buying stocks in this price range is always going to be high risk.

Some filters to think about

Ranking ... asx 300, 200 etc
Price
Volume (turnover $)
Number of shares on issue

So I'm thinking if you applied the above criteria you probably would not have entered into the trade, as this is high risk or maybe adjusted entry size to suit.

Cheers
 
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