September ‘22 was the inclusion in the ASX300, with the highest ever volume traded (44.8 million shares) in a single day for IHL.
It was downhill ever since for the shareprice. (Other factors also at play, but, short interest in this stock skyrocketed in line with the index inclusion)
We’ll likely see another high volume day on the 15th of this month as the rebalance occurs.
Let’s hope things reverse and move upwards with the Nasdaq etc.
IHL Price at posting:
8.5¢ Sentiment: Hold Disclosure: Held