Australia's largest stock trading and investment forum Australia's #1 stock forum

IHL

Click for more information

0.00%

4.1¢ incannex healthcare limited

Ann: Update on Nasdaq Listing, page-401

First 401 Last

Share
Profile

Follow
sulmar

398 Posts.

88

18/01/22

15:40

Post #: 58951030
Share

Originally posted by JohnK123: ↑

Seen plenty of shares actually drop in SP after listing on the NASDAQ so cannot assume listing will guarantee rise in SP, although on probability I think we will see an uptick in SP once we list.

Would like to know the reason behind the perceived delays.

I think that is worrying the market a little bit.

Is it problems with institutions getting funds ready? Is it lack of interest from big funds? Is it some paperwork issue? Is it the SEC wanting further clarification on how most recent trials are going (full disclosure etc with Sleep Apnoea Trial)

I think it's most likely the latter given mention of confidential results being used to support their applications. Sounds to me like management know more than what the can legally disclose to the market which makes listing on a new exchange quite tricky.

Could see it get delayed till OSA results are openly disclosed to the market which would make sense/be fairest for all IMO

Expand

Level headed response.

If, for some unfortunate reason, we don't list in January, I think it's almost certain we will get an update from management.

Patience is the key here.

IHL Price at posting: 61.5¢ Sentiment: Hold Disclosure: Held
13 Upvote

0 Great analysis

Reply

Top Stories

The Rising Tide: How institutional adoption is shaping the future of crypto

SER

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

Why are so many ASX explorers setting up shop in Saudi Arabia? + 8 stocks to watch

There are more pages in this discussion • 351 more messages in this thread...

First 401 Last

Add IHL (ASX) to my watchlist