I mean the results weren't bad in any way but my guess is a large number of punters had made up their mind to sell after the news since this was a major piece of news that most had been waiting. Next one will probably be in May when we meet with FDA so there's over a month for them to move around their cash before that happens.
Big misunderstanding of people thinking sp going down a little = bad results. Not always the case since profit taking and selling on news occurs almost every time. So many examples around but yeah...Wouldn't surprise me if we settled near 60c again in the near future.
IHL Price at posting:
52.5¢ Sentiment: Hold Disclosure: Held
