IMU Discussion 2022

[zeeb0t]

Are you invested in IMU? If so, what are the highlights and lowlights from your perspective?

 

[Hittman]

I entered into the IMU market fairly recently. I believed it to be a little frothy for me on its rise up last year.

@60 cent level I was thinking should have got on board and taken some profits but having been burned on cancer treatment stock once before was hesitant to enter but kept watching and looking at things as some progression occurred.

SP started to fall back and I figured the risk vs reward would have appeal to me back in the 30 to low 30's range.

Entered tentatively at low 30's and still consider IMU a speculative stock so am not committed to an overly large holding at this time. Happy to add to holdings on a rising SP based on results.

Any successful cancer treatment is going to be worth Billions so potential for the stock is immense.

Bumps in the road to greatness will likely occur, that it is why it is baby steps for me.

Boom, Bust or languishing at this level for a long period are al possible outcomes.

Not a licensed advisor, but my opinion is if interested in this stock do not over commit funds to it.

Yes, potential is there but risk is still fairly high.

 

[TheChosen]

I bought a few years ago at 2.2c, and over the last year my conviction has grown. This morning i bought more with my super. So in total it represents about 40% of my stock portfolio. For me it has the same potential as BRN and i think the probability of success is similar. However at current prices i think IMU is cheap, and BRN is a tad overvalued (since it had the FOMO rally). Fundamentally the company keeps progressing well and has collaborations with big pharmacuetical companies, who i think are ready to buy out within a year, one or more of their 4 products being tested. The lowlights is the manipulation since entering the ASX 200. There is no good reason for the decline from 60 to 30c based on the progression in the corresponding 3 months. The highlights is the company announcements and communication to shareholders is excellent. Similar to BRN, i trust the management because they have delivered on what they have said they will do.