IHL 0.00% 4.1¢ incannex healthcare limited

My wheels are still turning.....So, in my opinion, one of the...

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    My wheels are still turning.....So, in my opinion, one of the positive takeaways for me regarding the BOD deciding to not raise capital via the Nasdaq, is that it now removes the ambiguity of what the price per ADS would have been. No more VWAP related speculation, no more potential for a 'big discount' that may initially burn investors, no more anything of that nature - and no more dilution. This move, in my opinion, basically de-risks the stock/listing in the regard that I am referring to. We investors (and potential investors) can now rest easier, in my view.

    And as others are already alluding to, the ADSs in a compliance listing, to my understanding, will need to be formed from the purchase of shares from the current SOI, which may include direct purchases from the ASX(IHL).

    This post is my opinion only and is not fact nor is it advice. Please do your own research.
 
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