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4.1¢ incannex healthcare limited

Ann: Incannex Undertakes A$13 Million Institutional Placement, page-204

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tossydog

552 Posts.

620

06/12/22

16:20

Post #: 65179424
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Originally posted by amb005: ↑

Yes this might be the case, however that doesnt mean he cant make bad decisions along the way, I think its pretty easy to see that the cash raise was not necessary at this point in time, there are a lot of catalysts that would have lead to higher prices before we needed more funds.

I think blindly saying everything someone does is good is not helpful, notice in your post above your mentioning everything else besides this cap raise, hes has been great with IHL, this decision here with the cap raise and timing of it is horrible decision making imo.

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I did mention the cap raise SIG placement..
Yes everyone can make bad decisions. My point is, this one needs to playout like the others before passing judgement. I'm completely comfortable to give the company time given the outcome of most other business decisions made.

IHL Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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