IMU 0.00% 10.5¢ imugene limited

Imugene has received a notice of change of substantial interests...

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    Imugene has received a notice of change of substantial interests from Webinvest, which is backed by seasoned investor Otto Buttula.

    This has increased Webinvest’s – acting as trustee for OLSB Unit Trust – total shares to 62,000,000 (5.86%) up from the previous 55,000,000 (7.06%).

    OBSL is also a heavyweight shareholder in OncoSil Medical (OSL).

    Otto Buttula founded broking house IWL in 1999 before selling it to Commonwealth Bank in September 2007 for a reported $373 million.

    You gotta think that mega experienced investors like this don't throw good money into bad company's.
 
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