Imagion Biosystems Ltd. (AU:IBX) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Imagion Biosystems Limited has responded to an ASX query regarding the recent volatility in its share price and trading volume, stating their unawareness of any undisclosed information that could be influencing the market. The company confirms compliance with listing rules and notes a significant share price drop post-restructuring, despite the value of its core technology and intellectual property. The Board has authorized and approved the response to the ASX.
For further insights into AU:IBX stock, check out TipRanks’ Stock Analysis page.