You're right it would be life changing. The fact that IHL has chosen to use CBD as one of their key ingredients in for their trials is f*****g exciting in my eyes! From the research I've come across and testimonies from users of CBD I'm >extremely confident< in CBD as a >treatment< for many many MANY health conditions.
The only thing that would concern me from a success POV is if the quality of the BOD and from what I've read and what's been said by other key and very knowledgeable investors in IHL, this is a no brainer.. Sud has had great success in seeing ideas go from R&D to successful registration with the relevant authorities. Again, no brainer here.
Should this BOD have chosen not to go with CBD, my Investment would most likely be very different.
if I could sell my property and put the money into IHL I would. That's how confident I am with IHL.
As for the potential growth of this stock, I'm calculating figures at least once a day to see where I believe my LT investment will lead me. I'm looking at least at a 5 year hold at a min and 10 year hold is probably where I'd pull out. Should it reach a specific price point earlier then even better. And to be frank my calculations might be very optimistic but again in 10 years time I'd like to see us over $150 for the SP or to the equivalent of Cochlear's current SP and market value.
Anyone willing to lend me a spare $5mil? I'll do a lump payment in a few years time with interest
IHL Price at posting:
5.7¢ Sentiment: Buy Disclosure: Held