In a nutshell, the cash grab after exhausting Aussie mum and dads of their cash is now over in the USA,
After an initial pump over their the dilution will be huge for all hulders..It needs multiple gains from here to just break even, the real reason going over their imho is that cash will be available on a wider and easier scale and with a dollar sign infront of the SP the millions in the bank gained yet again at holders expense will set the boys up in the Yacht club for many moons to come..
This far in the red for many are still in the belief stage that massive gains are ahead, after being this far in the red(for most)and imho massive dillution still to come(soon i would say as the pump brigade start their work in the US)many will be trapped in for years well in the red and averaging down once again chasing the dream will be again the norm
IHL Price at posting:
5.8¢ Sentiment: Hold Disclosure: Held