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?
- Forums
- ASX - By Stock
- IHL
- General discussion
General discussion, page-7079
-
- There are more pages in this discussion • 12,918 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)