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4.1¢ incannex healthcare limited

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Paddy0

1,347 Posts.

142

14/01/21

13:49

Post #: 50167100
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Originally posted by tradingformils: ↑

If Sud coverts his 20c oppies ($40 million dollars), he won't be selling any on the market - ever. There's two ways Sud could sell his shares:

1- to an institution who wants to buy in at a significantly higher price, as an off market trade (watch them all flood into our stock when the trials really get going in the months ahead). This is a really low chance of happening because management would probably tell any insto to buy on market if they want any shares - pay up!
2- (most likely outcome) a takeover from a big pharma. Then again, IHL seems to becoming the next GW Pharmaceuticals, so he may hold and get his money back through future dividends.
I expect Sud to make in excess of $100M from his oppies - at a minimum.
To your first million,
Trading For Millions.

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who holds the 8c options and what is their motivation? Seems like a steady supply of shares is coming from them

Last edited by Paddy0: 14/01/21

IHL Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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