General discussion, page-5863

First 5863 Last

Share
Profile

Follow
Paulfool

1,273 Posts.

739

11/05/21

19:52

Post #: 53103931
Share

Originally posted by andres: ↑

Hi Glitterati, I think the Sp held up really well most of the day and if you look at the bid/ask, there is very little on sale <31.5. Maybe it was that options exersize from yesterday hitting the bid but my gauge of the sentiment today is very positive. VWAP (Volume weighted average price) was 30.2.

I posted this a while ago but thought it worth repeating as I think it is very significant. There has been a lot of discussion on the success of 675A being a company maker, putting us in the GW Pharma league (Sold to Jazz for $7.2 Billion USD) but I think that IHL - 42X OSA is also in a league of its own.

BTW - when I last did this table, just to illustrate the significance of a global drug, the MC of IHL was $45 M and COH $12 B. I think I know where I would rather be.......and then there is the psychedelics side of the business of course. *purpose of this table is to illustrate scale.

Expand

I vividly remember reading this table as one of key light bulb moments for IHL, unsure when you first posted it but think I was loading up on oppies at the time.
It clearly represented the BOD direction that each indication has been specifically chosen to work together to build a Global Biotech behemoth not just a local Australian based race to the bottom oil sales business.

IHL Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
12 Upvote

1 Great analysis

Reply

Top Stories

GNX

NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project

Talking Australia's very competitive property landscape: Realty Talks

FG1

Flynn Gold flags mid-grade drill hits and always eye-catching rock chips

IMR

Imricor raises $35M to pursue growth and expansion into Australia and NZ

AI stocks: What to expect in 2024-25

Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery

MCT

Metalicity looking for offers on Admiral Bay zinc project

Warren Tredrea’s weekly sports business wrap: the latest on business in sport

LKE

Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach