Immuron Limited (IMRN): I think a $200 mil cap would be very fai...

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Immuron Limited (IMRN)

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Re: Kauri post# 12

Monday, 03/19/2018 8:30:48 AM

Monday, March 19, 2018 8:30:48 AM

I think a $200 mil cap would be very fair given that other nash plays are much more valued even than that. We have to assume that partner or a decent funding deal is coming. Can’t really predict a share price until we know which way they go. A dilutive approach may keep us where we are or up to $20 until q4 when the other trials are due. A partner approach could get us to the $200 mil cap quickly, which would put us at $40-$60 ranges.

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