IRX 0.00% 3.0¢ inhalerx limited

I still like the opportunities open to LSH. But the downside is...

  1. 7,112 Posts.
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    I still like the opportunities open to LSH. But the downside is real.

    Very low market cap but still plenty of downside on the SP possible as anyone wanting to eject will sell and 8.5c can easily become 4c or even 2c.

    Dilutionary scrip deals and/or raising at those levels are capital killers.

    I'll have a finger hovering over the eject button before too long of we don't see some news flow on the BT device adoption by B. Braun and some indication of revenues. The silence here is deafening.

    A MM deal is just a useful distraction at the stage, having the vape doesn't make LSH an automatic MM winner. Can these guys sniff out a deal that gets market attention or will this be viewed as just another "me too" type move?
    Last edited by SuperWealthy: 20/08/18
 
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