Yes totally agree We see time and time again where the US sentiment was strong with trading days up over 10% and above only to be wiped the next trading day due to the negative sentiment on the ASX. Once Redomicile this oversupply we are experiencing will be gone. Hard to sustain an equilibrium in a SP when 2 off the biggest SHers dump hundreds of millions shares due to personal/business circumstances and entities that can't invest overseas or simply not interested. Add to this the lack of interest here in Oz yet the demand for these compounds is massive.
IMO we should see supply dry up as investors needing out are out as we get closer to delisting. Just in the last 3 weeks supply was 120ml close to 500ml since the ANN absolutely crazy for 1.6bn SOI Fingers crossed no delays, we're up and running on the NASDAQ in November and move on. Appreciate your US prospective and sharing. GL @JMiller83
IHL Price at posting:
6.7¢ Sentiment: Hold Disclosure: Held
