As to whether we thought that Dr Sud would or wouldn't convert
I think we are in agreement that he will either mostly or wholly convert his oppies.
Now what's your thoughts on the market sentiment moving on from him converting
1. Extra $40 M Cash in bank 2. Approx $10 M in Bank already 3. Approx $ 30M in NASDAQ IPO
Total circa $80M CASH in BANK with $300M approx. Market CAP
My thought is taking into account the share price increase from our last major Oppie conversion (end September 2020) the share price went on a runner from approx. 7.5c to .245c in Mid Feb.
Do you think there will be some positive market sentiment post Dr Sud's conversion also?
IHL Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held