IHL 0.00% 4.1¢ incannex healthcare limited

General discussion, page-7079

  1. 1,958 Posts.
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    Great I wanted to get some sort of consensus here

    As to whether we thought that Dr Sud would or wouldn't convert

    I think we are in agreement that he will either mostly or wholly convert his oppies.

    Now what's your thoughts on the market sentiment moving on from him converting

    1. Extra $40 M Cash in bank
    2. Approx $10 M in Bank already
    3. Approx $ 30M in NASDAQ IPO

    Total circa $80M CASH in BANK with $300M approx. Market CAP

    My thought is taking into account the share price increase from our last major Oppie conversion (end September 2020) the share price went on a runner from approx. 7.5c to .245c in Mid Feb.

    Do you think there will be some positive market sentiment post Dr Sud's conversion also?

 
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