Ann: Leslie Chong Appointed as Managing Director, page-47

  1. 3,274 Posts.
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    From experience you want the SP to run up as high as possible under the company's own steam before anyone comes knocking, Buy outs occur between 50% and 200% premium on current SP.. so really a Licensing Deal or a JV with a Multinational would suit IMU. That way IMU will have an immediate audience for future treatments that are in the IMU pipeline.
    Of course all is dependent on Trial results, You only have to look at LCT last year when results were poor, SP fell off a cliff over $140m wiped off the MC is 30 mins....
    The real test is 'Does it do, what it says on the can"? if the answer is yes and you have invested well , you have the chance to delivery inter generational wealth for you and your families.
    Well done to those that got in under 2c, That was my entry, by now i would normally have sold but from the caliber of People that IMU has attracted I will stay the course until well into the teens....if not the 20's
 
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