Given IHR started offering annual upfront payment since July 2022, the fact that their cashflow has not improved compared to last Q is terrible.
Very few will be willing to throw more money into a loser, esp in current market condition. Only hope is Bevan, as I doubt that Soph investors will open their wallets again.
Best option for IHR now is to find a buyer, hopefully at a premium.
IHR Price at posting:
6.3¢ Sentiment: None Disclosure: Not Held
