I cringe any time someone tries to do a 5 second analysis like this, especially for Biotech on the ASX.
There really should be a big flag warning that pops up when you do a 10 year chart that says. "Incannex Healthcare Limited took over the code IHL in November 2016"
But alas this is why those that identify companies like this are sitting on multiple bags compared to average market returns.
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I cringe any time someone tries to do a 5 second analysis like...
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