What terms do you think you could have achieved with a multi billion dollar fund that will be able to raise +$100m if required and buy on market in this current environment?
What was the last ASX300 company all the complaining punters had responsibility for?
The reason the major shareholders support this deal is because they understand the strategy behind it.
There is potentially a multi billion prize in our future and no-one can predict how the market will operate next year. IHL now has a bullet proof balance sheet to execute on the clinical trials well into 2025. They also have the support of a consortium of health funds who are long term investors.
Retail shareholders have three decisions, sell because you’ve lost faith, buy under the CR price and take advantage of the current market weakness or hold. That’s it.
No disrespect to you either mate as you’ve been a good supporter.
