Next week , L1 and Lind should be finished selling their converted shares IMO Then we can look forward to some rise in the sp as we approach the FDA deadline ...
The only thing for sure is that IMm are still losing money on their investment in Incanthera ...and we shareholders were immensely diluted to fund that investment
The exercise price for the Options is 20p being a 54% premium to the closing middle market share price of 13p on 25 November 2020. The Options will vest after three years and are exercisable between three and ten years from the date of grant.
The newly appointed COO was in fact an advisor to IMM for a while ... Dimitri spends his time in Switzerland so they needed someone to mind the phones in case , some Big Pharma rang to buy a licence ...IMO