I think the funds in the locker are a peace of mind for the BOD, the management, the SH and potential SH. This CANNOT be painted as a potential investment risk by media/ analysts. Considering how low our opex and R&D spend is, management can fully focus on execution and not CR.
I am glad that management is now partnered with the likes of Stock head which shows they are doing the right thing to draw attention to the company and upcoming calendar of events. We all should be glad that this is the right strategy and timing rather than draw attention too early or keep quiet which hurts SP.
IHL Price at posting:
5.7¢ Sentiment: Buy Disclosure: Held