IHL 0.00% 4.1¢ incannex healthcare limited

General discussion, page-10678

  1. 1,541 Posts.
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    An after grog bog isn't a bad thing. Sometimes.
    not sure why I bring that up.
    Current period of trade has been challenging due to the expectation that the group think might have created.
    The company and the commentary here are dealing with things outside of their control. Recent investors of the last 4 months or so could be forgiven for thinking it's all a sure thing, dollar by Chrissie, 10 bucks in our lifetime type stuff.
    Frustrating that it's not panning out that way though isn't it?
    Think this is bad? We will still need to navigate this part if the listing too and I quote from investo pedia and it a tf ouch lengthy...

    if not pertinent please shut me down accordingly

    A quiet period is a set amount of time when a company's management and marketing teams cannot share opinions or additional information about the firm.

    The purpose of the quiet period is to preserve objectivity and avoid the appearance of a company providing insider information to select investors.With an IPO, the quiet period stretches from when a company files registration paperwork with U.S. regulators through the 40 days after the stock starts trading.

    With publicly-traded companies, the quiet period refers to the four weeks before the end of the business quarter.The JOBS Act created a class of companies—emerging growth companies—doing away with specific quiet periods, notably the 25-day research quiet period.

    Understanding a Quiet Period
    During quiet periods, corporate insiders are forbidden to speak to the public about their business to avoid tipping certain analysts, journalists, investors, and portfolio managers to an unfair advantage—often to avoid the appearance of insider information, whether real or perceived.The quiet period's purpose is to create a level playing field for all investors by ensuring that everyone has access to the same information at the same time. It’s not uncommon for the SEC to delay an IPO if a quiet period has been violated; interested parties take the process seriously as there’s a lot of money on the line.Quiet Period ProcessAfter a company files registration for newly issued securities (stocks and bonds) with the SEC, its management team, investment bankers, and lawyers go on a roadshow. During a series of presentations, potential institutional investors will ask questions about the company to gather investment research. Management teams must not offer any new information that is not already contained in the registration statement but can provide some level of informational gathering.The quiet period begins when the registration statement is made effective and lasts for 40 days after the stock starts trading and is for analysts employed by the offering’s managing underwriters and 25 days for analysts employed by other underwriters participating in the IPO. The quiet period also includes 15 days before or after the expiration, termination, or waiver of the IPO lockup period. Emerging Growth Companies (EGCs)Note that the Jumpstart Our Business Startups (JOBS) Act created the category of emerging growth companies (EGCs) and the quiet period rules that apply to them. The JOBS Act did away with research period quiet periods for EGCs, allowing research analysts to publish reports after the initial earnings release even if it falls within 25 days of the IPO. The Act defines EGCs as companies with less than $1 billion in revenue in their most recent fiscal year.1 The term quiet period has two references in business, one relating to an initial public offering (IPO) and one to the end of the business quarter for a corporation.Examples of a Quiet Period ViolationDebating the objectives of quiet periods and the SEC's enforcement are commonplace in financial markets. When quiet periods are seen as having been violated and ultimately to have benefitted select parties, legal action is usually taken.In a 2012 example, shareholders alleged impropriety regarding the quiet period surrounding the IPO of Facebook (now Meta), arguing that certain information that should have been kept quiet may have been shared selectively, unfairly benefitting certain parties.Facebook's IPO prompted more than a dozen shareholder lawsuits accusing the social networking company and its underwriters of obscuring its weakened growth forecasts ahead of the listing. Small investors complained they were at an informational disadvantage after underwriters' research analysts supposedly passed new and useful earnings estimates to large investors only.2In a more recent case in 2019, WeWork (a commercial real estate company that provides shared workspaces for technology startups and other services for enterprises) also faced scrutiny of the SEC for a potential violation of the quiet period rules during its initial public offering.


    end quote.

    I found this pretty interesting. I am preparing for a little more frustrating times if this is indeed so.
    why?
    Very stable large shareholders, a great BOD fronting an excellent pipeline of medical innovations to possibly come. That these items come from collaborations with the peers of the chosen fields.

    me , getting my breath, maybe taking advantage of softer sp but making sure I am there for what I think are some good times ahead.






 
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