Australia's largest stock trading and investment forum Australia's #1 stock forum

IHL

Click for more information

0.00%

4.1¢ incannex healthcare limited

just a quick comparsion with last top 20 from annual report and...

First 16546 Last

Share
Profile

Follow
Stunt

477 Posts.

39

07/08/23

15:40

Post #: 69204936
Share

Originally posted by tossydog: ↑

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.

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.

Expand

just a quick comparsion with last top 20 from annual report and Sud the only seller JP Morgan increased by 16.7m

IHL Price at posting: 8.6¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

Making money: How many microcaps should be in an investor's portfolio?

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

There are more pages in this discussion • 3,897 more messages in this thread...

First 16546 Last

Add IHL (ASX) to my watchlist