IHL 0.00% 4.1¢ incannex healthcare limited

General discussion, page-5862

  1. 6,816 Posts.
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    Hi Glitterati, I think the Sp held up really well most of the day and if you look at the bid/ask, there is very little on sale <31.5. Maybe it was that options exersize from yesterday hitting the bid but my gauge of the sentiment today is very positive. VWAP (Volume weighted average price) was 30.2.

    I posted this a while ago but thought it worth repeating as I think it is very significant. There has been a lot of discussion on the success of 675A being a company maker, putting us in the GW Pharma league (Sold to Jazz for $7.2 Billion USD) but I think that IHL - 42X OSA is also in a league of its own.

    https://hotcopper.com.au/data/attachments/3170/3170529-760db83c672cac73cd90cf300d423a9a.jpg


    BTW - when I last did this table, just to illustrate the significance of a global drug, the MC of IHL was $45 M and COH $12 B. I think I know where I would rather be.......and then there is the psychedelics side of the business of course. *purpose of this table is to illustrate scale.


    https://hotcopper.com.au/data/attachments/3170/3170541-72a16a5de5d0c08d1d04eb6b061d9bed.jpg


    Last edited by andres: 11/05/21
 
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