IHL 0.00% 4.1¢ incannex healthcare limited

IHL - INCANNEX - HOLDERS RESEARCH, page-1148

  1. 8 Posts.
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    Hi All, Thought I should share some of the candid conversation I had with Joel yesterday.
    I am one of the ones who voted 'Against/No' to the redomicile outlining the reason mainly a possible dilution post Nasdaq. Joel reached out to me as I hadn't attended any investor seminars and had voted no. Key Points
    • I raised the topic of future dilution and quarterly report commentary of ".... fully funded till 2025". There is no doubt CR is needed, but we were in sync that it will be only and only after strong newsflow and strong price appreciation with the current cash position to support until that happens. Joel was definitely saddened by the prices at these levels.
    • The spread of online votes is already majority in "For/Yes" favour, but he had a courtesy to reach out to me.
    • He's back from the US and had strong interest in US with parties/funds in the sidelines. There is more to it but cannot disclose in this forum - feel free to ring Joel and find out more
    • Regarding US share registry. He made it clear to me whether its westpac, commsec etc, it does not matter as the share registry of choice has the ability to trade ixhl shares. So once redomiciled and given a code to transfer our holding to the registry we can then choose to use that registry or transfer to our respective westpac, commsec, cmc and so on
    I've been critical to some aspect of Joel's/company's direction but I'm with an open mind and view for whats to come. And of course, buying at these levels.
 
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