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4.1¢ incannex healthcare limited

agree on that. Have said before this is a dud stock everytime it...

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Sabian07

68 Posts.

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27/02/19

13:35

Post #: 37586883
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Originally posted by Mattyhammer75: ↑

The announcement wasn't anything to write home about. Their financial management team needs to go back to school. Total sales was about a 1/3 of their total operating costs. So either their product is rubbish, their price is too low, or their overheads are ridiculously expensive. But something doesn't add up.
The ONLY thing keeping them afloat was the capital raising. So without some level of increase in income, this business is bust. I'm out.

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agree on that. Have said before this is a dud stock everytime it has an ann the price goes backwards. Widdows worked wonders at heinz but his influence isnt translating here. Some companies shouldnt even be listed on asx this is one of them. No one is taking pot and mouthguards seriously.

IHL Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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Add IHL (ASX) to my watchlist