IHL 0.00% 4.1¢ incannex healthcare limited

General discussion, page-16542

  1. 552 Posts.
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    Hi All,
    I requested a top 20 shareholding from the Company, which I have shared below.
    It confirms there has been selling, Sud has sold a lot.
    On the surface, this is alarming, as I know Sud is a believer in the assets and the companies potential.
    I spoke with Joel who confirmed Sud is still very much a believer and supporter but couldn't comment on his financial position and decision to sell.

    https://hotcopper.com.au/data/attachments/5488/5488214-d0ffb3634ed4afaaf6205e04352c67c6.jpg

    I am only speculating but something is up with Sud selling & I don't it has anything to do with Incannex. Seems out of character.

    Tetra is the only thing connected to Sud that has changed in my brief search of the web - timing of this Tetra announcement seems to tie in with Sud's offloading? https://www.thenewswire.com/press-releases/1AqRFXNg6-tetra-bio-pharma-voluntary-bankruptcy.html

    I am only speculating but I don't think Sud want to sell.....

    On a positive note, the shares have been sucked up, unfortunately at a lower price than we had all hoped.

    Other than share-price frustration, Joel seems very upbeat about the business, the clinical programs & the Clarion Clinics journey commencing.


 
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