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4.1¢ incannex healthcare limited

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kingkev

28,066 Posts.

1403

20/07/24

10:32

Post #: 74838577
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Originally posted by sylau90: ↑

Is this all you can come up with after the discussion within the damage control group?

The main point here is not about share price appreciation and succession of drug.

The main thing here is if the cap raise double the share on issued and BOD granted more shares on that basis. Then, whatever wet dream you are having billion dollars addressable market is none of your business if you know how the market works.

How tight or loose the shares being held are decided by the BOD and obviously the value propositions.

IMHO, if you want to get breakeven or earning bags on the back of great results, you need a seriously deep pocket to keep buying. I am saying hundreds of thousands USD.

Last and most important thing is, there is no guaranteed on the trials will be success and this year raise will get them to where they want to be. So multiple raise could be possible.

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happy for you that you sold out.................now bugger off.........nothing for you to see here

IHL Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
9 Upvote

2 Great analysis

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