IHL 0.00% 4.1¢ incannex healthcare limited

Some people are able to see beyond the share price action and...

  1. 143 Posts.
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    Some people are able to see beyond the share price action and realise that it isn’t always an accurate representation of what is occurring in the background of the company/core business.

    This obviously goes both ways, 75c was very frothy and probably had fair value of something around 40-50c at the time.

    I like the buying at these levels, but the macro environment continues to deteriorate. So long as the position of the business doesn’t change, I will certainly be hoping for a further discount.

    Food for thought.
 
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