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4.1¢ incannex healthcare limited

Hi Ted,I don’t think that is a fair comparison to make at the...

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Gohtzr

14 Posts.

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04/05/22

17:55

Post #: 61206945
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Originally posted by Ted Striker: ↑

What do you want them to say? Public companies can't just come out and say things because the market is going up or down. The greatest runs in SP in this company have never coincided with news and no one says a thing when it's running. The minute the price comes under pressure the overwhelming narrative is "we need news".

The quarterly was released SIX days ago. This is the FOURTH trading day since that release. In that update amongst other things they said that "treatment had commenced in the phase 2a clinical trial to assess psilocybin and specialised psychotherapy for the treatment of GAD". That news had not been released before.

On top of that this was a an abbreviated recap of what was achieved in the past quarter alone:

Positive phase 2a clinical results for IHL-42X with 60% of trial participants experiencing at least a 55% reduction in AHI
20% of those participants had an AHI reduction of greater than 80%. For those not aware the efficacy of a CPAP machine varies somewhere between 70% and 90% - assuming that the patient wears the device properly and consistently properly throughout the night. So in other words in my basic English 20% of patients had a reduction in AHI equal to or greater than CPAP by taking our combination. I don't know a lot but I reckon that sounds like a game changing result to me.
Completed in vivo study re IHL-216A, results coming soon
initiates a second clinical psychedelic therapy program using VR ERP and psychedelics
executed a term sheet to acquire APIRx (at a fixed share consideration which is now looking cheaper and cheaper)
patented CanQuit. They are going to have a crack at disrupting a $5 billion market and my read on this is that this is an obvious play to emerge with the first S3 product in Australia.
Listed on NASDAQ
Completed a raise of circa $24 million and now have circa $40 million cash at bank.

I sit there and look at that amount of news flow and compare it to some of my other holdings and it blows it away.

The fact is most people on this forum sit there, mesmerised watching the screen and every trade line that goes through. When its going up its all fine and everyones retiring, quitting their jobs and buying Lamborghinis but when it goes down its "something must be wrong and we need news". The truth is for many people they really need their hands held.

So I ask again what more can be said that hasn't been said within the past week.

Ted.

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Hi Ted,

I don’t think that is a fair comparison to make at the moment to say that 20% of our trial participants had the same reduction in AHI when compared to the CPAP machine. Our trial had 10 participants compared to the millions that have been using CPAP for years. While our results are for IHL-42X are a great, expectations in regards to the stage of our trials need to be taken into account. The science and study undertaken in regards to CPAP currently is much more thorough and in-depth than those undertaken by IHL to date. While I do believe IHL will ultimately succeed, good things take time and I am not here to see profits overnight. Instead I am here for the long term investment. I am happy to ride the up and down roller coaster ride of the sharemarket and reap the rewards over a long period of time and not focus on the share price fluctuations on a day to day basis looking to blame ‘macros’ ‘covid’ & ‘Putin.

just my 2

gz
IHL Price at posting: 33.5¢ Sentiment: Hold Disclosure: Held
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