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4.1¢ incannex healthcare limited

Ann: IHL commences manufacturing of skin therapeutics, page-54

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Badvet73

900 Posts.

207

29/11/22

21:13

Post #: 65058477
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Originally posted by sulmar: ↑

Looking at it objectively, I think your reasoning doesn't justify at all why it will hit $1 by April 2023. Merely saying that management haven't put a foot wrong yet doesn't equate to us going 4x all of a sudden in a space of 4 months unless there are mind blowing results/announcements etc to look forward to. If people are thinking of buying options, they'd be stupid to not buy right now at 23c...

Nothing is impossible but with the current economic situation and our sector in general, I'd be very surprised if we are near 50c by April.

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I agree. Why would you buy1$ if you believe now at 23c. Also i find it unlikely to get that type of news to get our SP that high in 4 months.

IHL Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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