IHL 0.00% 4.1¢ incannex healthcare limited

Ann: IHL completes $5m capital raise, page-128

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  1. 933 Posts.
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    They just raised $5m and you’re already talking about when will they need money again. Seriously?

    This is not a revenue play, it’s a global IP strategy. If the IP develops with the clinical trials then the market cap will be multiples of 7.8c before a single dollar of revenue is produced.

    Everyone appears to have forgotten that Dr Agarwal is leveraged to the share price above 14c and there’s a very real possibility the trials will deliver. And Peloton obviously agree as they just invested $5m at 7.8c. And don’t get me started about punters complaining about not being able to participate in sophisticated placements because now the price is under 7.8c the same people sell because Chicken Little thinks the sky is falling.

    Peter Widdows managed 19,000 people at Heinz Asia Pac, and Dr Sud Agarwal is a specialist anesthetic Doctor and the biggest name in the sector. They’ve delivered in spades so far and all the upside is still to come...
 
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