IMU 4.26% 4.5¢ imugene limited

I will just leave this extract of an interview with Paul Hopper...

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    I will just leave this extract of an interview with Paul Hopper with Alan Kohler that I think is extremely relevant to IMU: 

    Alan: It’s interesting that Viralytics did get up to $1.20 or something in the beginning of last year but then the share prices sunk basically by half, what happened there?

    Paul: It perplexed the board and it was the source of constant discussion because the company a year later after the stock had gone down 60 to 70 cents was in so much better shape, the data was good, everything was travelling nicely, financially we had a lot of money in the bank, it was extremely well-managed under Malcolm.  Sometimes the ASX is a little bit irrational but the market doesn’t value companies it prices them.  It was a bit of a bug bear to me as the Chairman and to Malcolm as the CEO that here we were producing fabulous results and the market was marking us down.  It was very frustrating I have to admit.
 
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