Out of curiosity for what reason do you believe there'll be a capital raise. To allow for institutional placement or to seek money we don't really need at this time at a terrible rate?
Secondly I know it's hard to look at it objectively, but if you look back prior to Sud dumping 100m+ shares into an illiquid market we were looking at valuations of ~50-70c from various firms, which was prior to trial progression. Realistically it is entirely possible we traverse these doldrums untill a significant announcement occurs making the current market sentiment moot as value will be generated via significant results which I believe should come before a cr.
IHL Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held