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davo47

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22/08/22

08:59

Post #: 63240825
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Originally posted by Paulfool: ↑

"I just need to wait until I get back to breakeven.... then I can sell" or "If it falls anymore I'm gonna sell so I don't lose my inital capital."
These are the very nature of resistance and support lines.

27c to 32.5c is a 20% gain for the week so yes there would be traders exiting today not wanting to hold over the weekend, would love to close back above the 35c level but alas not to be.

Considering the positive signal sent by the new Board recruitment this week, I am not looking for 20% gains, rather future 10x-20x from here is my goal with either buy out or long term partnership considering everything we know about the expedited 505(2)(b) pathway. I put this at a realistic 3-4 years away. (2 would be nice, but 5 also acceptable).

Interestingly after hours announcement again showing that they sky is not falling and Dr Sud hasn't sold any shares since formally resigning from CMO position now more than 7 weeks ago, with all other directors also continuing to hold.

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Originally posted by Peterherna27: ↑

Hi Davo,

Apology, I am not a trader so I cannot answer your query but agree with Paulfool comments. I am LTH invested in around 2019. I was just fascinated with the IHL journey and the graph caught my attention to where we are today after 1 year. Like many others here who have shared their sentiment, I for one believe in management which continues to impress me. Why? 1 year ago, we do not have these many projects and potential company making drugs in development. See below extract from a recent report, all these take time to plan and develop, however, management has done so much in 1 year on top of what I have been expecting! I understand the market sentiment and market risks why our SP is back where it is today. However, for me, the fundamentals are what matter since I am looking at min 5 years investment term. All I know is that 1 year ago IHL is not as de-risked as it is today and has more exciting projects to unlock value and potential!

Also given the completion of the Aprix acquisition and the recent appointment by Robert Clark, I feel the team is now ready to focus and fast-track momentum on developing all these projects! Bring on the news flow! Good Luck Davo!

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Great replies to my post thanks, Certainly a lot of things falling into place and pointing to an awesome future for this company. Good luck all

IHL Price at posting: 32.5¢ Sentiment: Buy Disclosure: Held
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