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4.1¢ incannex healthcare limited

bugger, I was hoping that they would have to cover to offset the...

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05/09/23

09:19

Post #: 69731509
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Originally posted by Tyrannomorus: ↑

Hey mate, hate to throw a spanner in the works but everything i've been reading points to the shorters not having to cover the position if the company ends up being delisted from the ASX -

https://www.investopedia.com/ask/answers/maintain-short-position-delisted-stock/

Even though these are US websites I believe the same rules/logic would apply here. As to what effect it will have, I have no idea.

A big unknown is also just how many funds/others have IHL shares that they need/want to get rid of. I think this could go either way, but regardless it will be great to watch and a good learning experience.

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bugger, I was hoping that they would have to cover to offset the selling by funds that have to sell due to going to the NASDAQ

IHL Price at posting: 8.1¢ Sentiment: Buy Disclosure: Held
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