IHL 0.00% 4.1¢ incannex healthcare limited

General discussion, page-13025

  1. 6,604 Posts.
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    It always help in life to consider things from the position of the other side.

    We are in a developing Biotech company, that rightly is very much their focus.

    They will happily answer questions on the tech and what they are doing where they can. They won’t answer trading questions especially overseas trading questions... there is no desk for that, this is a one off event you have to work it out for yourself.

    What happens when they give you advice on how to move your stock to the US and you get it there after the froth has settled then after costs/ currency conversion etc you lose money? Who’s fault is it then? They gave you advice... is it their fault..?

    Lots of decent advice has been given on these threads.

    If you want or need what is effectively financial advice as to how to get your shares trading on the US market be prepared to use a broker. IMO.

    Somebody incentivized, qualified and able to help you.

    Many people nowdays have no experience with brokers, think they get money for nothing and are such penny pinchers that even in unusual new situations ( like their first overseas trade) don’t want to pay 2 percent to make 98 percent.

    I don’t use a broker ( anymore) to trade here but if I had been trying to swing shares over to the US market I would have been straight onto that. They would do it all for you just like a Travel Agent... sweet

    Lots of people of people kinda wanted to do it but fortune favours the brave.. the ones that were buying shares, the ones who continued buying shares as the post result SP stupidly dropped and the ones with the wheels in motion early. Some made a quick killing on feeding the hungry US market.

    I knew the Nasdaq would value our technologies more highly but didn’t follow the thought process far enough to see or be bothered taking the opportunity.

    I’m sure the company and Atomic have been swamped by all manner of obtuse questions relating to particular circumstances of shareholding’s, super held shares, tax all sorts of stuff. That’s why they haven’t answered.

    Ask Incannex any questions about the tech, they will try to answer as they did me yesterday.

    But if you want qualified, advice ( there are legal implications giving such advice if not qualified)
    use a broker who does foreign trade.

    Not having a go, I understand it’s frustrating not being able to get questions answered just saying be aware of what questions you are asking of whom and there may be concerns answering such things Re legal implications and qualifications.

    Many brokers ARE qualified in this, importantly allowed to give advice and also importantly want to help you ( for a fee/cut ha ha).

    Good luck


 
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