IHL 0.00% 4.1¢ incannex healthcare limited

General discussion, page-8635

  1. 1,273 Posts.
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    Holding over 5% puts your registered holding address out in public and comes with additional responsibilities and paper administration that include penalties (often not applied) should you fail to adequately track changes and notify the market. Being a Substantial holder doesn't restrict the ability to trade, just the need to notify the ASX should your holding move more than 1% so in IHL case that's 12,000,000 shares.

    I for one would love to even hold that amount.

    That said this is still an anonymous forum and everyone's opinion should be questioned and do your own research. I have and have chosen to increase my holdings by 25% in the last few months, including recently at much higher levels than today.

    The key is to live within your own risk profile and due diligence process.

    Bagging out someone who freely shares their thought here doesn't help you gain any insight or advantage here. Unless you choose to short the stock at the start of last month, in which case it would be your motives that are in question.


 
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