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13/09/20
20:29
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Originally posted by MrFantastic:
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The oil sales alone should see us in the mid teens. I feel your valuation is miles off mate. The main thing that has been holding us back is the tails. As you know, every time we got an ANN it would get sold into. Any type of positive news after the 25th should see us push us close, if not above 10c. It will come down to basic supply and demand. We will see the sell side dry up very shortly and Incannex will start to get the recognition well-deserves.
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Originally posted by Exalted:
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AGH is creeping up... currently 135M MC. Off its highs for sure but its on the way up, partially due to the TGA Ann hype and getting a license for their manufacturing plant in Canada. With IHLOB conversions our cash balance should be above 10M. Similar to theirs. Our oils sales already getting close to theirs, I would like to see the Q3 Quarterly continue to have that insane growth rate. If we get 1M sales this quarter, AGH got 1.5M last quarter. Wouldnt take much to assume 10c+ from oils alone should be a decent peer valuation as we'd be around 2/3 their MC. And again... once our IP comes into play with FDA EUA possibility for IHL-675A and of course the Phase 2B Human Trial for OSA IHL-42X, that one will be ridiculous. Will add 9 figures to the market cap if successful, like most other Phase 2B Human Trials usually do.
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I hear you guys and reasonably comfortable like I mentioned. I feel the anxiety in the pit of my stomach as I sell everything to roll the dice on converting every last one of my IHLOBs... quite the opposite of diversification - just one stock portfolio! Even if Joel himself says be comfortable, my heart would still be beating so fast