IHL 0.00% 4.1¢ incannex healthcare limited

General discussion, page-14661

  1. 1,137 Posts.
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    From my observations over the past few decades, 90% of capital raises have been done at a 5 to 20% discount. I'm really hoping we are in that 10% minority group which are done at a premium. But I'm not holding my breath for that. So if it was let's say a 10% discount, that would be a pretty good result really, especially if you take into consideration the present negative market conditions which are still full of uncertainty.
    Like most here, I don't like the idea of more dilution. But the fact that they have come knocking on our door in a market still full of uncertainty, you surely couldn't let this opportunity pass you by. In fact I think the market would see this as a very strong bullish signal. The knee jerk reaction might see a retrace to the discount price, presuming it is at discount, but i can see a really strong bounce off that into a slow steady uptrend as we enter a period of steady positive news flow. So im slowly warming to this CR as being a positive bullish signal in s difficult market.
 
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