IHL
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0.00% 4.1¢ incannex healthcare limited

General discussion, page-17952

  1. reon1
    1,605 Posts.
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    11/10/23
    14:12
    Post #: 70288562
    They probably have about $29m cash remaining, around 1.8c per share. Still well above that for now.

    A report last year found ~20% of NASDAQ listed biotechs were trading below cash backing. Pretty outrageous really.
    IHL Price at posting: 6.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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