IHL 0.00% 4.1¢ incannex healthcare limited

Ann: Quarterly Activities Report and Appendix 4C, page-4

  1. 6,816 Posts.
    lightbulb Created with Sketch. 1719
    Agree 100%. It is a great achievement and have the right broking house and instos on board to go the next level (they aren't set yet judging by the large oversubscription - they only took 5 mill), - still half of the MC where it should be IMO compared to peers. What is really significant apart from the speed of how progress has been made is that there is enough funding for the next two years - at least. And the $3 mill worth of research funding from Cannvalate. No stock came out yesterday re the 3B. There is only retail scraps which look like being mopped up off screen.

    Great that IHL has been approached by instos - fresh money is really good for the stock at higher levels. A lot of stocks churn their existing book on CR and that can hurt things. IHL has not done that, very smart.
    Last edited by andres: 01/11/19
 
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