I'm not actually that surprised given the stock went parabolic into the listing. It was already listed over there and the stock in Canada has gone from CAD$2.67 on the 22nd of this month to CAD$4.92 last night so its doubled even after the pull back from the open to still be capped at CAD$1.84 billion at the close .
To make that comment is ridiculous IMO and a point in isolation.
If the NASDAQ is happy to value MNMD at CAD$1.86b I reckon the upside in IHL when they get listed over there may be fairly significant from this point given the peer comparisons, and that's in psychedelics alone without the drug development business.
Bring it on.
Ted.
IHL Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held