Have emailed Joel in relation to this matter amongst other topics They are aware of the wrong number crunching. IMHO as news and presentations are released the wrong figures will correct more in line with book value. This will be a short term Redomicile/consolidation confusion by the US valuers.
Agree this could put the brakes on potential US investors but only extremely short term.What the BOD are looking for is cornerstone investment venture backers in the healthcare industry. These investment providers are fully aware of all things IXHL and so are big BP......
Good interims and quality backers might see these crazy valuations become reality. Looking forward to the MS Confidence Presentation next month. As someone said "onwards and upwards"
IHL Price at posting:
4.1¢ Sentiment: Buy Disclosure: Held