IHL 0.00% 4.1¢ incannex healthcare limited

Ann: Incannex Launches Psychedelic Clinics Business, page-185

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 412 Posts.
    lightbulb Created with Sketch. 418
    Hi TV, I think about 400,000 would cover it.

    I would suggest they will get a few POCs up, then from there they may license them.

    I think they might use the like of Paul etc to provide training and then they will provide the drugs through Cat. So we collect a licensing fee per patient and sell the drug to clinics. This would make more sense and is far more scale able, it also keeps cost variable which is preferred for a listed company as opposed to a heap of fixed costs.

    I would expect if an FDA approval comes, this will end up on the PBS so the cost stops being a barrier.

    Also worth noting our current MC is $160 million, $40m approx of that is cash. We are about to lodge our first IND with the FDA for OSA and start a 300 patient trial imminently with potentially quarterly read outs to follow. (No other treatment available here with Robert Clark pulling the strings) plus everything else we have go on.

    There is some serious value at these current levels in my book and with the 10 year treasury yield rolling over, the markets may turn around faster than most think.

    https://www.cnbc.com/quotes/US10Y

    BTC is a gauge for the worlds appetite for risk, up from 16k to 28k since late Dec,

    Meta (Facebook) has bounced from 95 to 197..... since late last year.

    Lots want to look for doom and gloom, but it appears these high risk sectors have turned around. I am not saying it has anything to do with us, but these two are leaders in that department.

    With the banking crisis, I would expect the FED has to pull up, and move from QT to QE as they have done in the past, this usually help markets.

    If I had of offered up IHL shares 3 months ago at 10-11c with where we were fundamentally, I think I would have had plenty of takers.

    Anyway that is all a bit contrarian, so will see how it plays out.

    DYOR, just my opinion and all that.

 
watchlist Created with Sketch. Add IHL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.