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4.1¢ incannex healthcare limited

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Glitterati

10,185 Posts.

2796

11/05/21

20:19

Post #: 53104562
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Originally posted by andres: ↑

Hi Glitterati, I think the Sp held up really well most of the day and if you look at the bid/ask, there is very little on sale <31.5. Maybe it was that options exersize from yesterday hitting the bid but my gauge of the sentiment today is very positive. VWAP (Volume weighted average price) was 30.2.

I posted this a while ago but thought it worth repeating as I think it is very significant. There has been a lot of discussion on the success of 675A being a company maker, putting us in the GW Pharma league (Sold to Jazz for $7.2 Billion USD) but I think that IHL - 42X OSA is also in a league of its own.

BTW - when I last did this table, just to illustrate the significance of a global drug, the MC of IHL was $45 M and COH $12 B. I think I know where I would rather be.......and then there is the psychedelics side of the business of course. *purpose of this table is to illustrate scale.

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Thanks for updating and reposting this Andres.....this is a timely reminder of what we have ahead of us. Do you mind if I post this on Twitter?

IHL Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
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