IHL 0.00% 4.1¢ incannex healthcare limited

I love the enthusiasm but the last two announcements have traded...

  1. 228 Posts.
    lightbulb Created with Sketch. 108
    I love the enthusiasm but the last two announcements have traded sideways (one being the quarterly), and the oppies have lost ~50% of their value from the peak in that time on top of IHL's ~25% drop from the peak of the announcement sales.

    Patience is a virtue and so is enthusiasm, but if the oppies fall flat we've got underpaid stakeholders as well as lower cash reserves which means potential dilution down the line.

    I'm pretty convinced the selling is all retail (and the volume is low) but where's all the buying?
    Last edited by Jadis: 10/08/20
 
watchlist Created with Sketch. Add IHL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.