IHL (ASX) General discussion

Originally posted by thevinnys: ↑

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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Personally, I believe he will try and convert as many as he possibly can with a positive sentiment as it shows his commitment. Imagine a scenario where their goal of a GW Pharma market cap is reached. I think it sits around the USD 6.4B or AUD 9B dollar mark. It looks like IHL is around AUD 0.337B as of today. I hope my rough maths and understanding is correct.

9.000B / 0.337B = A factor of 26.7

If he converted his 20c options i think he will end up with around $60 million plus a wee bit more.

$60 million X 26.7 = a potential $1.6 Billion.

If I was him, I think the only thing worse than not potentially making so much money would be not giving it a go and living with it. I don't for a second believe that he is the kind of person that wouldn't at the very least give it a crack. I've never met any of the board but based on their strategy and current achievements with IHL i think it is fair to say that there are a few good heads on those shoulders. Markets with unmet pharmacological needs using combinations of drugs that have already been proven and fast results using previous data. I could go on and on.

This confirmation, although not completion, of the Nasdaq listing in my opinion cements in where this is heading. TBH, I had originally pegged the share price at around $5 in around 4-5 years only being on the ASX but with confirmation of heading to the US of A, I dont see why a larger price is not possible.

And just for a laugh, I thought i would pull out my woooorst case scenario of a factor of 3 which would take his $40m conversion, which then turns directly into $60m if converted today which then turns into $180m (60x3). Pretty much black and white.

Sorry for banging on but the comment from Lupe started to wind me up as I strongly disagree. Clearly this is my own opinion.