IHL (ASX) General discussion

Originally posted by Lurker99: ↑

It's going to be an interesting time leading up to this vote, no doubt.

Each day of no news, the SP dribbling downwards, random big dumps, general market going down etc etc is going to really test resolve.

It's getting close to the line in the sand, you're either a believer, a non believer or just holding on to hopefully not have to take a massive loss.

I mentioned a while ago it would be interesting to know who is in each camp, my suspicion is many retail holders planning to go to the U.S are not really believers or understanding of the products IHL develop, simply holding on hoping for it to take off in the states.

I'm far from convinced we will hit the NASDAQ with a bang. For all the talk of 'U.S investors can't wait' etc etc, I'm eerily reminded of that same statements when we dual listed.
(Yes I know the difference in purchasing regarding a dual listing and a single listing, volumes etc etc)

There has been talk, both in the announcements and in the meetings of a CR once we are on the exchange. Timing will play a big part in where we go.

Too early and at a low price will cause massive dilution, something I'm sure the management are painfully aware of.

Interesting times ahead

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I think early days in the states will probably be hard unless they have interest already. The ASX is notorious for being a pretty poor place to be listed though, so its a bit of a 'whats there to lose' scenario.

The conference in January and lots of potential avenues to pursue give me and others hope that one of their many promising assets can gain traction. The board, Bob and others definitely work their contact lists. Theres a lot of cash on the sidelines in the US, maybe the timing is gonna be just right, who knows

It's a big risk yes, but thats Biotech. I do feel for those who have averages significantly higher, starting way up there. If I wasnt invested, I think of the biotechs I follow, IHL is definitely very high on the value proposition their market cap is absolutely too low for their assets right now - but there is absolutely no guarantee that will change for the better.