IHL 0.00% 4.1¢ incannex healthcare limited

Ann: IHL Intends to Redomicile to US & List all Shares on Nasdaq, page-71

  1. 322 Posts.
    lightbulb Created with Sketch. 172
    The biggest issue with these types of consolidations is the % advantage is lost.

    i.e A stock price increase from 10c > 20c = 100% profit (a bag).

    10c > 70c = 7 bags. 700% profit.

    So when we get transferred to Nasdaq, at say $8.00ea for example purposes, we will own “100x less units” (and therefore multiples), and also lose the % movement advantage.

    We would need to see the price increase from $8 to $16 to double our money, or make a bag.

    yes, the “value” is the same, but you lose the whole benefit of “buying in early” into a company (at a low share price, to enjoy the mutiltipliers as the price increases)

    unsure how I feel about this.
 
watchlist Created with Sketch. Add IHL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.