Noone is trying to predict the market, if you do, you are investing wrongly. You are playing with crystal ball.
What you should do are pull out the company trial schedule for the coming years posted by some reputable members here, google the average cost of trials, pull out the average staff costs of Incannex, estimate the running cost of Clarion, factor in the inflation rate & future present value calculation and the cash available from latest report.
Line all of them up together, you should be able to have some pretty good guess about where the company is heading.
Ok, there are probably 100billion dollars of addressable market from Incannex portfolio. However, if you follow the trial schedule close enough up. You will know those are still a bit far away and time the next wave more correctly.
For current holders, if you use the recipe above, you should able to time your buying opportunity more accurately.
For potential buyer, it should tell you whether the risk ratio matching your appetite.
This is not financial advice., just my humble opinion.
