IHL 0.00% 4.1¢ incannex healthcare limited

A couple of discussion points. (and yes, I'm one of the...

  1. 218 Posts.
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    A couple of discussion points. (and yes, I'm one of the ones who bought in pre -5c years ago and has sat on a fairly significant holding for years now, so I'm still in the green)


    - Obviously it's not been fun watching a large volume of paper gains evaporate. Less fun if you bought big anytime in the last 12 months or so.

    - Seems like we have (tentatively) found a floor around 20c. From memory the 200 Ma was in the 18c range, so looks like it's settled there. volume has slowed down a lot too.

    - If you have faith in the implied target set by the BOD regarding the $1 oppies next April, you have a golden opportunity now. comparatively, IHL is a totally different animal now to when it was this same price 12 months ago.

    - You need to presume that the BOD were aware of Suds (pending) departure and the Macro environment when they announced the options deal. I don't think it's a stretch to presume that the BOD could see the markets fraying at the edges, same as we could. The delayed NASDAQ listing speaks to that.

    - Speccies have been smashed across the board. When phase 2 results came out, I remember telling that Zac Sydney guy that IHL was overvalued when it was sitting about 45c and getting howled down in disbelief. yes, it's got the makings of a great company, but the fact remains that it still produces no revenue. During recessions, people offload their riskier assets, IHL would still sit in that category for most.

    - There has been a bit of misinformation going around on this forum too. Yeah, I get it's hot copper and all, but you still need to fact check peoples statements and not simply take them at face value. We have (also had - Chaya) some incredible posters with serious, in depth understanding of the company (Vinny, Andre etc..) and some potatoes who just like to stir the pot.

    That's it. good luck all
 
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