IHR 0.00% 23.5¢ intellihr limited

You know what Sharkies, I thought about it and changed my mind -...

  1. 370 Posts.
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    You know what Sharkies, I thought about it and changed my mind - you are right, it is BS, they should have let the shareholders in.

    Let's recap.
    • Last year BS invested $5m at 0.075.
    • The following day the price flew to 0.20 (and hasn't been below since); few days later traded at 0.33 and closed at 0.32 (the first spike here).
    This is the chart since then. Spent a lot more time above 0.23 than below it & it hardly seems like IHR are getting a great offer here.

    https://hotcopper.com.au/data/attachments/3592/3592542-277e7708910b35758245da9f55cb8452.jpg

    • I would have thought they'd be able to get a better price than that. There's one year of progress on the board, a number of good announcements, and these new institutions are not bringing the same new exposure & connections as the initial BS chip did. But this is only worth 3x what BS gave them.
    • Even if this is the best price they can get, then include a SPP. What does that cost you?

    Will there be an Entitlements offer this time, as well? It will be more frustrating if they've "legalled" that away.
 
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