The broker put me onto this one. I don't know this business sector that well, I'm more of a resources guy.
However I have a healthy understanding how markets work and what I found particularly attractive with IHL when the market cap was around $10mil was the upside taking into account of the major disparity between IHL market cap and sector average. It was always a no brainer and it was not if but how far will this thing move on that basis alone.
Whats also very attractive about IHL is the sector it's in. The medical scientific evidence and deregulation in its infancy and gaining momentum around the planet is creating a buzz. Everyone is starting to talk about cannabis stocks.
So in a nutshell on a market average basis IHL is still undervalued, it has 4 trials in the pipeworts and it's in a sector that is attracting more and more attention and excitement.
Still major upside in other words!
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