IHL incannex healthcare limited

Ann: IHL files Form F-1 registration statement with SEC, page-79

  1. 540 Posts.
    lightbulb Created with Sketch. 435
    Doing a quick analysis of the cannabis stocks on the NASDAQ, the smallest player (correct me if i am wrong)
    comes in at an MC of around 800 million USD
    Psychedelic companies are similar in MC's.
    Can't find one that has commercial pathways for both.
    If you consider the smallest, having an MC of around 1 Billion AUD, then Incannex could easily reach this MC in very little time at all.
    This is roughly a multiple of 3 of our current MC
    I predict an SP here nudging 90c - $1.00 within 3 months of trading on the NASDAQ

 
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