IHL 0.00% 4.1¢ incannex healthcare limited

General discussion, page-16959

  1. 1,211 Posts.
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    The company was fully funded prior to the cap raise. If they hadn't received the investment they could not have funded the clinics opening.

    What were they supposed to say at the time? "We're fully funded for all known activities BUT we have a potential partner in the works. If that funding comes through then we're gonna open these clinics... if not, guess we miss out".

    Why is this scenario difficult to comprehend? Information was not disclosed to the public because it was not confirmed... The plan to open clinics could not be announced because the funding wasn't locked in.
    Last edited by moguns: 06/09/23
 
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