Hi all. I'm looking at Incannex's website right now; in particular, the part which says:
The combined annual global market size of the indications we are targeting is over US$110 billion... Success in the clinical development programmes will not only provide benefit to patients suffering from untreated medical conditions, but also significant economic potential for shareholders.
As someone who sucks at maths, would anyone be able to tell me what that translates to in terms of price per share? I realise everyone has different exit and entry plans, and have seen some folks here (from memory) stating they are looking for $10 per share...?
I guess I'm asking what the possible ranges of the share price could be, if Incannex is successful. That is, the "US $110 billion potential" becomes actual.
IHL Price at posting:
52.5¢ Sentiment: Buy Disclosure: Held
