After 18 months of engaging with the US investor community, Incannex has witnessed investor demand increase, which was demonstrated on the 6th of July when IXHL ADRs traded the equivalent of 160M IHL shares in one day of trade. Incannex has less than 1.5% of its securities trading as ADRs in the US, and it has presented a limitation for investors to aggregate investment positions in our Company. Very few Australian brokers can trade ADRs,
To trade 100% on Nasdaq 's listing rules. https://www.investopedia.com/ask/answers/nasdaq-listing-requirements/#:~:text=Listing%20Requirements%20for%20All%20Companies&text=Companies%20must%20also%20have%20at,over%20the%20past%2012%20months.
We'll be looked after well on Nasdaq.
IHL Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held