RE: Ridicule13 May 2023 19:51
Agree on all those points, from a value point of view if Avion are willing to stump up $25m plus the $1m they put into IMM at 11p… then the value of IMM has got to be far north of the current £9m Mcap, I’d suggest around £30m Mcap would be about right which is a 350% rise from current low levels, as Iv said you pay your money you take your chances but the risk reward ratio here is outstanding, not many shares out there offer potentially 3 fold increase in price within a 4 week period and that’s what we have here, during the run up to the last FDA meeting the price went from 5p to 7p and that was with selling from the 5p placing and options so it’s a safe bet that from 2.6p the only way is up as we move towards 7th June FDA approval meeting date, have a good weekend everyone nice to have a bit of sunshine for once!