IHL 0.00% 4.1¢ incannex healthcare limited

Share your ideas and thoughts., page-310

  1. 4,379 Posts.
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    Before we all start getting too excited, remember there are a lot of very cheap options outstanding from the CR. If these are exercised our share price is diluted. Also true when options at 2c are realised. All trials are still pre clinical. So there is still a lot of risk. As there is in any penny share.
    I have not seen any major holder updates from the CR. So those that took part didnt grab a major share holding.
    So yes things will go blue sky if the announcements are positive. But positive trial results are still some time off. We need to start the trials first.
    Have patience, and dont over antcipate. This will need some time before it blooms.
    Breware of annomonous websites giving investment advice. It may be the best thing since sliced bread. Or it may be from those kids that also have an investment youtube channel for the ASX. You will never know.
    Always do your own research.
    Keep an eye on the IHL chart. It gives a great idea of fair value. At the moment I think we still have great buying.
    Read the IHL announcements. Get an idea of where they are at. And set realistic goals from these.
    At the moment IHL is still in the idea phase. This means they are cheap, but with a lot of risk. Once trials are done, they are in the we have a product phase. Less risk but more expensive. Once they commercialise the product, it is derisked and has a higher price to reflect this. So now is the time to grab the highest number od shares as you think you can afford considering risk.
    Good luck to all investors. But give this time to grow.
 
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