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4.1¢ incannex healthcare limited

Umm...We do have 41 million as opposed to 19 last year but at...

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sulmar

398 Posts.

88

02/02/23

01:00

Post #: 66018949
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Originally posted by rhino78: ↑

Who knows, the important thing is we have 41 million in the bank today. This time last year we had 19 million in the bank and if you look at the quarterly from this time last year to where we are today, you have to be very comfortable.
All our candidates are far more advanced and have much tighter IP than 12 months ago.
We also have Bob Clark on board (with $1 and 1.50 options as his ONLY remuneration with large upside if a better SP/Sale is hit) and proper a institutional investor. (I understand that upset some people but I fully support the move).
Very solid progress over just a 12 month period.

More exciting 18 months ahead! Good Macro would be awesome, but a genuine drug for any of our candidates is worth what it is worth. People don't have less anxiety or OSA or TBI or Rheumatoid arthritis etc based on the macro environment, and I am very confident at least one of these has had some very significant interest over that period, clearly Bob Clark thinks the same.

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Umm...We do have 41 million as opposed to 19 last year but at what cost?

There are good CRs and bad ones so just remember that.

IHL Price at posting: 18.5¢ Sentiment: Hold Disclosure: Held
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