IHL 0.00% 4.1¢ incannex healthcare limited

General discussion, page-18397

  1. 130 Posts.
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    I tend to agree with you Malk. Such a massive drop with so much volume....either people holding out for a miracle - that the proposal would be knocked down by the courts, or people who always planned to sell but were still hoping that the price would increase in the weeks between the vote and the 2nd hearing. I personally thought that would happen and I know others posted here with similar sentiment.

    Regardless, they have held out to almost the very end and then ran for the exits. I really hope that tomorrow is not more of the same but I cannot wait for the ASX car crash to finish so we can see what's on the other side. Hopefully blue sky, time will tell.

    I still believe in IHL and the pipeline of products that we are working on. It is not blind faith. It is a belief in the products they are developing to meet unmet needs and the team they have pulled together to help navigate the US regulatory framework. They have FDA approval for a 12 month phase 2/3 trial on a medication that, if successful will displace the CPAP machine from being the treatment of choice of sleep apnea. And that's just 1 string to the bow. Preliminary results from earlier Phases show that it works and it works well. Now they just need to test it for eficacy.

    So rather than read the toxic rubbish being spewed onto HC this week (guys - yep its frustrating but the forum neighborhood really has fallen apart), I have gone back and read announcements and reminded myself as to why anyone should continue to hold shares in IHL. It's been very helpful. Hopefully the US market catches the vision.

    Finally - don't forget how much of the shares are owned by the Board and leadership team. They have the same incentives that we do.

    This time tomorrow someone will have locked in the last IHL share trade on the ASX.....who's gonna have a go!!

    Anyway - enough for today. Time to take the dog for a walk and enjoy the brisk Melbourne spring.

    Cheers all

    R.
 
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