IHL 0.00% 4.1¢ incannex healthcare limited

No. I think it is really clear that the environment is not...

  1. 6,824 Posts.
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    No. I think it is really clear that the environment is not optimal right now strategically - as a raise is also about aftermarket momentum. Remembering that the Company has plenty of cash so under no pressure to do anything. Especially with OSA results around the corner.

    BTW, just as a frame of reference, despite the sector being lack lustre at the moment, I think IHL with its substantial product suite is a lot more valuable than Compass Pathways which is a one trick pony. They have one psilocybin play and are still trading 60% above IHL.

    On another note, looking at the OS and here, it looks like the bourses want to turn - I think we are at or very close to the bottom. As an investor in the small to medium cap end, I have seen this happen time after time over a few decades. Trick is to think "ahead" of the computer screen. It won't be long before we see stock chasing as the market realises that the turn is upon them.

    Last edited by andres: 28/01/22
 
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Currently unlisted public company.

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