This is exactly what I’m talking about, inventing negativity where it doesn’t exist.
The AUD$0.25 strike price of the warrant is not a 3 year price forecast by the company. The IHL-42X phase 2 / 3 pivotal will be completed in 2024. If that program is successful then I’d be interested to know what valuation you’d ascribe to IXHL. Personally I believe an FDA approved drug for OSA is worth US billions of dollars.
What is your opinion?
IHL Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held