My personal opinion is that our share price ended the day lower than expected due to investors putting their money elsewhere. They saw that there is still 5 weeks till potential FDA Emergency/Stage 2 news and don’t want to wait that long to jump on board. IMO they will revisit in a couple weeks before jumping on board which the SP will then begin to drive upwards.
The reason I believe this is a week prior to the announcement of stage 1, we saw a large increase in interest as people are expecting imminent news, and the SP continually jumped day on day.
I believe we can easily hit the teens in the next 2 weeks.
All IMO and DYOR
IHL Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held