IHL 0.00% 4.1¢ incannex healthcare limited

Ann: IHL-42X positive phase 2 clinical trial results, page-142

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  1. 319 Posts.
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    Being a long time holder since 3~4c, I've seen this behavior many times.

    Good news hits the market and you finish the day in red. In a few days time, it recovers and bounces stronger.

    The way I have convinced myself of what is happening is, there will be a little bit of tree shaking involved but not only that, as cannabinoid treatment is something out of norm, so many investors interpret results differently and hence brings unpredictability in the SP.

    In the long term, if you believe in the management, you will reap great rewards.
 
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