IMU 0.00% 1.6¢ imugene limited

I just dont get it...

  1. 425 Posts.
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    Ok, this is really pissing me off. How the hell does a company with $20 million in cash in the bank, a brilliant,world-renowned scientific advisory board, 2 cancer vaccines in Phase 2 clinical trials showing great promise, FDA approval pending (within the next 12 weeks) for a third vaccine trial, and a Chairman with connections to the biggest global pharmaceutical companies on the planet have a share price of just 1.3 cents and a Market cap of only $46 million?????

    Is the broader Australian sharemarket that moronic that it doesn't assign any value to biotech companies in the drug-testing phase?? Does it totally ignore the value of the company's IP???

    Unfortunately there's not much we can do but wait patiently for the next presentation of trial results due early July and wait for the share price to reflect the true promise of this company.
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