IHL 0.00% 4.1¢ incannex healthcare limited

Ann: Director and management update, page-142

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  1. 736 Posts.
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    Other problem with low SP is if there are companies thinking of taking over/buying out, they can do so at a relatively cheap price (even at a premium)

    They could say offer 40c or so for a buy-out which whilst is a ~90% premium to current share price, a lot of investors will still be in the red

    Not saying this will happy but that's one of the consequences of having a low/depressed SP

    Anyway, be interesting to see what happens in the next few months
 
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