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Do you have any thoughts about Immutep (IMM)?

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Do you have any thoughts about Immutep (IMM)?

Hi MM, Do you have any thoughts about Immutep (IMM). In the past few months it has made steady gains from $0.28 to $0.70. In the past it was known as Prima Biomed (PRR) but is a very much company now. Thx Graeme

Answer

Hi Graeme,

Immunotherapy biotech company IMM has kicked a few goals of late including gaining some European patent approval but after doubling since March this has clearly been factored into the share price. If we were investing / trading in this $470m business we would be looking to run stops under 60c because as we’ve seen over recent years it can endure some deep pullbacks.

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Immutep (IMM)
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