IHL 0.00% 4.1¢ incannex healthcare limited

it is great news for people on the sidelines.It also weakens the...

  1. 5,123 Posts.
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    it is great news for people on the sidelines.

    It also weakens the constant cheerleading on here when just 3 days ago in the CEO's address given to the ASX he says:

    "Financially, Incannex remains in an enviable position with a long cash runway that allows us to continue our
    clinical programs unimpeded. This was reinforced by the completion of an option issue capital raise of
    $23.6M. We thank all those investors that participated".

    & now we are in a further CR for almost 50% cheaper than "all those investors who participated" (in the above mentioned CR)...

    How can anyone say this doesnt suck, it's great for SH's & that management are still to be fully trusted as they are the best of the best.

    Am I bashing IHL - yes, but is it any different than constantly telling everyone how marvelous everything is ?
 
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