RE: IMM Market Cap.24 Nov 2025 10:21
Lol, as soon as I saw the RNS, I thought, Norman is going to be on a hyper today, and I'm right. Initially I did think, oh dear, as they say in Birmingham, have we been 'sold a pup'? But having read the RNS and the write up on Proactive, I remain positive: McCarthy boxed himself into a corner by saying a deal would be done this year, that gave potential interest a lever to pull. By extending the time IMM don't look desperate; McCarthy says IMM are very encouraged by the positive response from potential interest and P140 is a paradigm shift. That's not as good as the previous RNS's 'a game changer' but not bad; the bad news is, potential interest doesn't seem overly enthusiastic, if the product was that obviously good I think deals would have already happened by now.