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bennyboy213

34 Posts.

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29/01/21

16:09

Post #: 50550724
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Originally posted by Cripps2020: ↑

Very interesting day.
Best quarterly we have had and the market reacts like this.
-Pre-IND meeting within the next few weeks.
-TGA psychedelics announcement next week.
-Sleep Apnea trial commenced and recruiting.
-Unreal concussion results last month.
-Record oil sales of $735K to top it all off.
Not that I focus on our oil sales much but this is interesting when put into perspective. AGH is Australia's largest oil seller and sold $1.19 million last quarter. They currently have a market cap of $120 million. Our quarter on quarter oil sales growth is higher than AGHs yet unlike them we have three MM trials underway and in the process of designing and developing the only asx listed psychedelic trial on market. Yet all four of those company making trials only values us $40 million higher market cap than AGH's. Crazy.
No other MM asx listed company has half of the pipeline we are developing, eventually the market will wake up and realise a 16c buy in right now is cheap as chips. The potential here is ridiculous, when we do run we will run very very hard.
Retail sellers selling to sticky hands, enjoyed topping up my holding more today.
This quarterly has set us up extremely well for what will be a company making year. I can only imagine how many multitudes we will be from this position in 12 months.

Good-luck to all holders.

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100% agree, to all holders, don't be disheartened by what has happened today, it was nothing to do with IHL and everything to do with overall market forces. The narrative for IHL has not changed, we will be looking back at this in a few months time and laughing when our price is 3 - 4x what it is right now.

IHL Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
22 Upvote

0 Great analysis

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