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01/12/22
11:40
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Originally posted by Recruiter10:
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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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Whether someone thinks you're angry or not, shouldn't change the fact what you have said is spot on. There's no two ways about this esp when company announces that we're well set and a few days later you pull a CR. Here we come 20c.