IHL 0.00% 4.1¢ incannex healthcare limited

General discussion, page-13480

  1. 1,395 Posts.
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    Hi Zac, it is to be expected as unless shareholders have funds in the bank the time for selling the stock to be able to pay for the exercise of the options has passed given the t +2 for any cash on sale to be made and to clear by 22 April being the exercise date . So in my view the selling pressure is off for now . That does not mean that there won't be pressure on the SP at times down the track as we have seen over the course of several months but I would expect and it is only my opinion that the selling pressure has dried up . We will get newsflow starting most likely in the early part of May 2022 and it should come from a number of fronts . That newsflow all things being equal should drive the SP to higher levels in the coming weeks and months even though there will be SP fluctuation on the way up as we know . AIMO time will tell . But I sense we have bottomed here and there are exciting times ahead IMO
    Last edited by The ruster: 19/04/22
 
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