IHL 0.00% 4.1¢ incannex healthcare limited

Ann: Trading Halt, page-152

  1. 1,235 Posts.
    lightbulb Created with Sketch. 1543
    What are you basing your opinion on, that IHL should be trading at at least .35 ?
    Without any provided rationale, it sounds like you're just expressing your wish that the price had held at, or above the option price.
    As a comparison, IMU has lost almost the same percentage since its all time high (actually it has lost a little more than IHL has). Is that making an excuse for IHL, or is that providing evidence that Aussie small cap biotechs have taken a beating overall?
    ---------------------------------------------
    IMU high of .60 in November 2021
    IMU today 0.185

    IMU Loss since high: 70%
    --- ---
    IHL high of 0.73 in March 2022
    IHL today 0.23

    IHL Loss since high: 68.5%
    ---------------------------------------------
 
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