We all make mistakes. Great opportunity to re-enter now on these pull backs. I've taken advantage in taking a bigger position on a unloved oversold stock with heaps of potential. No one can tell you what to do. Remember always DYOR but you must have taken a position in IHL for a reason. Has anything changed? Warren Buffett has a good philosophy with stocks going through headwinds like IHL.
Some Positives to consider now if you would like to re-enter. Hopefully buy back close to your sale price. Listing on NASDAQ in a few weeks where the company can move forward with heaps of benchmark updates shortly. ASX Selling pressure on your re-entry will be removed upon delisting if you buy now with much better probability for growth on the NASDAQ Negatives NASDAQ flops .....zero interest at first. Buy on the NASDAQ
If one of Incannex's pathways is acquired once successful completion of phase 3 and FDA tick or developed further to a commercial venture the SP will be many multiples of where we are now so no biggie if you lost a few pips now.
Peter bought some shares in the last few days. He seems to think it's a good buy. GL with your decision. No investment advise.
IHL Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held