I am going to go on a limb here and say this share price movement is typical of an emerging business.
New Company - Low Share Price Exciting Product Announcements - Low Share Price Trial Announcements - Flying Share Price CP raising - Dampened Share Price by means of dilution - More amazing announcements - meh market is bored we need revenue More raises for acquisitions - meh market is bored we need revenue tons of announcements - meh market is bored we need revenue Hey look we got a new business idea - meh market is bored we need revenue
I have seen this time and time again, at the end of the day unless there is revenue, after 5 years it's tiresome and unless you show growing revenue, CR's will continue and eat into shareholder value & patience.
I am the biggest IHL supporter and strongly believe this has will be worth billions once they get revenue flowing. There is a loophole, if we did a massive trial and there were massive numbers backing it, sure the price would run but we are yet to see the numbers.
/me shuts up and crawls back into the hole he came from
IHL Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
