The share price will bounce around until some driving announcement about a trial starting is made.
Maybe if the 4C is outstanding we could get a push as well. But, the economy is getting bashed. Unemployment is at levels never dreamed of. They were paying people to take a WTI contract for delivery today. The world is out of whack and hurting. The free money for the market just isnt there at the moment.
But when considering all of that. And considering no trial has actually even started yet, IHL is doing ok. I put in a couple of low ball offers last week for heads that i didnt think would get filled. One got filled today. So there is still plenty of opportunity around.
The share price now does not concern me. Its where it goes once things start happening that we need to keep an eye on.
IHL Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
