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22/04/20

11:13

Post #: 44184274
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Originally posted by The ruster: ↑

The share price fluctuation is driven IMO by the general stock market correction and also profit taking as it has had a big run off its lows . If you look at the XAO after the massive black swan event fall it has retraced with an upward fibo move as one would expect and we are now seeing a retracement of that leg up,again as one would expect . No big deal that is how markets work . if the company delivers it will not matter in time what we see now imo.

This board has done everything right . The company is well positioned and set given the heavy lifting behind the scenes to roll out the announcements of its trials . The company has had the foresight to see the MM application to ARDS / Covid and is seeking to position itself in that space and to protect its IP l . The market is the market all the board can do is stay the course move forward toward their targets and objectives and deliver and forget the noise, as they are doing IMO very capably and diligently . It will eventually pay off as they roll out news and this pandemic will be a blip on the radar IMO .

I am of the view that these times represent great opportunity for the good stocks that are well managed and I place IHL in that category . Not a time to sell as we are at the beginning of its run to an eventual re rate IMHO .

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Great post Ruster.

I also am not getting too hung up on seeing the SP drop now a few pips here and there because all of the heavy lifting has been done by the BOD and now we just wait for the big reveal, which is just around the corner now. Whether the SP currently sits at 1c or 10c, it's going to be inconsequential if any of OSA/TBI/ARDS comes in; the SP will rerate massively, make no mistake about it.

I've said it a few times, patience is key now.

IHL Price at posting: 5.1¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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