IHL 0.00% 4.1¢ incannex healthcare limited

Ann: Loyalty Option Issue Raises $23.6M, page-125

  1. 1,235 Posts.
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    You hit the most pertinent points there, @Badvet73
    Nothing about the current global circumstances poses an existential threat to Incannex's roadmap.
    They have funds in the coffer: enough to get them most of the way or all the way through OSA pivotal trial without needing to raise funds.
    If they do need to raise funds during this downturn, there should be no lack of doors to knock on considering the outstanding results of the Phase 2 proof of concept trial.

    I'd be worried if Incannex held its funds in Rubles. Or if they depended on crude oil as a primary input into their products. Or if they had serious debt or insufficient funds to meet the next important milestones. They have no debt and their activities should not be heavily impacted by inflation and commodity price hikes.

    I have no additional funds to take advantage of the current prices, but if that changes I think you know what I'll be doing with them.
    Last edited by malkazoid: 04/05/22
 
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