For those staying the course, we will have to do a bit of learning about the new trading platforms, conversion rates, implications of the AUD to USD conversions when you decide to sell, tax and a few others.
Those leaving will not have to consider this.
I'd say that this announcement represents a real line in the sand with IHL.
You are either in or you're out.
Personally, I'm glad they have decided to move away from the resource and bank focused ASX. It's not the right market for biotech.
When you go back and consider the hype that catapulted us up to 70c, then consider the hype that did the same to a number of tickers across a number of different sectors during that time on the ASX it's pretty clear to see that IHL was riding the pump train along with so many others.
Make's you consider how many invested because they believed the thesis.
In any case, if you want to see the company grow and (hopefully) the SP along with it over the next few years then this is the way to go.
So it's decision time for all, good luck.
IHL Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
