10cps - you are kidding right.Whilst I like the science, there...

10cps - you are kidding right.

Whilst I like the science, there are a lot of mistaken thoughts on this forum.

1. IMU has 3.7b shares on issue, one for every two people in the world.  It also has a bevy of options.

2. The results of meaningful trials are 2020 to 2021.

Hence, a lot of time to pass and a lot of other lollies to buy in the ASX lolly shop between now and then.  This stock could easily fall further before a decent run.

I sold out over a year ago and its trading lower now and could still go lower.  Bought a little the other day, but will be looking to buy only on lower prices, which will eventuate.  This previously went from 2cps back to 0.005cps, so could easily see below 1.5cps to 1.0cps.  There are better things to invest in for the next 12 months.

That said has long term potential.  But must consolidate, wear that pain for the short term and the HER VAXX trial now looks very secondary to the new US one.

All IMHO - that said good luck if you like to sit on it.  For me a its dead money for now and would bet better buying small parcels on majo dips as nothing will happen here for 1 to 2 years.