Australia's largest stock trading and investment forum Australia's #1 stock forum

IHL

0.00%

4.1¢ incannex healthcare limited

Ann: Cleansing Notice and Appendix 2A, page-25

First 25 Last

Share
Profile

Follow
Chaya

2,623 Posts.

1370

21/01/21

11:33

Post #: 50335724
Share

Originally posted by amb005 ↑

@MickeyMantle536 Seems you are a bit emtional about it all, Im just pointing out facts here, Im a holder since under 2 cents, so believe in this company even more so since the psyclibin addition.

Taking out all emotion, and just looking at plain supply and demand, if there is 10% of extra supply (which is what the amount of options equates to) coming onto the market, what does more supply do? This is economics 101. The opposite argument being demand will increase to eat up this supply that we all hope is the case and should be when some more fundamental good news comes.

Im a believer in this long term, just analyse things without rose colored glasses, try to see things as they are. To think in this climate that people dont want 100% returns? To take your quote "No offense, but that’s rubbish" Tell that to the millions of people with super or in hedge funds that struggle to get 7% a year, or even to the people selling today at .165. There is a reason why this isnt moving from around this .17 level, and all Im saying here is that increased supply does not help at all.

@Chaya must be half the amount of people with half a brain then , because for every trade going on there is a buyer and seller, so equal amount of buying and selling going on here. Are a lot of sells going on but equal amounts bought too

Good to see a top 20 holder with faith and belief like yours and hope this company makes you beyond wealthy! Saw your in Thailand, where abouts? Im living here as well , have been for the last 6 years or so.

Expand

Hi amb - I'm just north of Korat city mate - been here for 9 years now and I cannot ever see myself leaving - and you ?

I'd hazard a guess that @Mickey was just sayin' that the IHL L/Termers are remaining in IHL for multiple returns of 100% and are not interested in selling at these levels hence his comment but yes, the Superannuation investors would give their back teeth for the numbers returning with an investment in IHL.

No matter though - we are all here for the same reason and the selling is a part of every companies life on the ASX but IMO there is nothing that will stop an inevitable huge increase in the share price rise of IHL.

IHL Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
14 Upvote

0 Great analysis

Reply

Top Stories

SXG

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

AL8

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

FEX

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

CC9

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit