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%
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IHL high of 0.73 in March 2022
IHL today 0.23
IHL Loss since high: 68.5%
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