IHL 0.00% 4.1¢ incannex healthcare limited

General discussion, page-20255

  1. 596 Posts.
    lightbulb Created with Sketch. 35

    Admittedly, I never thought we (shareholders) would be in this position post redomicile. At a bare minimum, I thought the SP would at least be double digits given the progress of the lead assets.

    One of the reasons to move to the US was to increase attractiveness to a broader US investor pool who previously could not invest in non-US or packaged ADR securities. But here we are: overnight volume 2.62k; MC $27.7mil which is abysmal when compared against our peers; and a CEO who can't, won't, or is unable to address shareholder concerns on what he is doing to reverse the current situation. Why is that? Simple question.

    Instead we have: certain "associates" threatening holders legal action for voicing their opinions (that's a new one!!!), the CEO doing an interview on how/why he is such a great communicator; then advising shareholders to contact the co. via the investor enquiry channel only for that medium to go quiet as well; and then commissioning a survey that peeps don't like using the CPAP machine. Go figure rolleyes.png

    I could go on but it's fairly simple from my point of view. As a shareholder I will continue to be critical of the guy in charge until things turn around. It's my right. Joel, step-up or step aside.

    Two weeks until the Annual Report is due. Hopefully some concerns addressed but not holding my breath. GLTAH smile.png


 
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.