IHL 0.00% 4.1¢ incannex healthcare limited

Great work TV! Nice sleuthing and exciting times. Just wondering...

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    Great work TV! Nice sleuthing and exciting times.

    Just wondering your thoughts on the amount of shares issued / capital being raised?

    My initial thoughts are a bit meh to be honest, as it won't put IHL at the lofty valuation that we were all hoping for with this listing. Seems a bit piecemeal - was hoping that Sugar and his mateys would be looking to raise hundreds of millions from US investors to back in Phase II and onwards across the suite of products. Don't know if that's too optimistic, but that would have shown we are the next GW..

    That being said, still good news and publicity for IHL. Hoping as well that the small amount of raise means that Sud still needs to convert a large chunk of his options to ensure cash moneys for the business..

    Tempering my expectations on this at present - hoping its not an IMM type situation when they listed..

    GLTAH!
 
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Currently unlisted public company.

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