IHL 0.00% 4.1¢ incannex healthcare limited

Ann: Major Distribution Agreement, page-31

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  1. 1,139 Posts.
    lightbulb Created with Sketch. 773
    Unfortunately the PA and volume spikes in the days leading up to the trading halt alluded to certain people getting set at a cheaper price setting up for the SP to be flipped off the back of this ANN.
    Not the first time this has happened ...IMO..

    Can't really blame them for taking a nice 15-25% profit.
    We are all here to make money..
    Until we see recurring dependable revenues..This is a situation that will most likely continue.
    Great little company in the making in an emerging sector....But patience is required if you see long term value.
    The company is proactive and making long term plans/alignments /MOU/Binding agreements..to set itself up to be a profitable in the future.
    Unfortunately part of the registry is flippers and/ or lack some patience.

    I still believe that this company will show much better numbers in the 3rd quarter.
    Im not Knocking the company or anyone here to flip and make a quick buck..
    But i definitely believe IHL with a small market cap
    still has alot of upside..
    Sometimes the hardest thing to do is to be patient .
    But yes it sure can be frustrating at times.

    Each to their own i guess.
 
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