General discussion, page-4

First 4 Last

Share
Profile

Follow
Chaya

2,623 Posts.

1370

06/04/20

15:42

Post #: 43908400
Share

Originally posted by Exalted ↑

Agreed RP.

IHL was trading at around 50-60M MC for months after the epic breakout we had last year.
We traded at that level until the Peloton placement for 5M at 7.8c happened.
Ever since, broker data has indicated enormous buying from Pershing and their clients as the major net buyers since then, major sellers being retail.

On the fundamental side of things, nothing has changed negatively and instead only positive updates have happened to the company and they are ticking the goals they were promising to do last year such as achieving the 1000 patients by the end of 2019. Which they did in basically 3 months.

Also keep in mind the volumes being churned in that time period, a lot more active than now. If the market saw IHL as fair-value at 50-60M MC on nothing but promises, now more than 6 months later when they have achieved many of those promises and have continued to progress the company towards its catalysts, I see no reason why the market shouldnt mark IHL back in the same position as it was before if not valued higher because now they have actual milestones ticked instead of promises and hype.

Two of the REAL catalysts and company makers that have been announced over a year ago now are about to commence this quarter.
Who is ready to take the risk/reward here? It's been too long since the last biotech booms on the spec side of the ASX. Will IHL be the first of 2020?

Expand

Real nice summary mate - you were a worthy recipient of my last light bulb LOL

IHL Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

Reply

Top Stories

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

STX

Strike Energy secures $153 million for Perth Basin gas projects

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing