IHL 0.00% 4.1¢ incannex healthcare limited

General discussion, page-10434

  1. 1,235 Posts.
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    @1ncog
    Naturally, the delay doesn't prove Roth is doing their job correctly: how could it?.
    That's not balance: if anything, it is an irrational pursuit of showcasing doubt that has no manifest reason to be showcased, beyond the default doubt we should have of all things outside of our full control.

    Again, the fact that the differences in the last two amendments have not been to correct inadequacies, but rather to update values and ADS structure, means it is almost certain that the SEC has not requested any material changes as of yet (and are unlikely to this far in, IMO). We knew to expect updates to these things: the company clearly guided that they would make final decisions about the ADS structure and price closer to the listing date.

    Lacking any further evidence, we have no reason to doubt that Roth is doing an adequate job with the application process. What we are left with is the fact that they know how to make these applications. I count 18 IPOs in 2021 alone, under their belt, and they've been doing this for years.

    Sitting on the fence isn't balance, if the evidence points clearly to one side of it.
    Last edited by malkazoid: 09/12/21
 
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