IHL 0.00% 4.1¢ incannex healthcare limited

New York Stock Exchange Listed ETF - Ticker Code MJ...

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    https://hotcopper.com.au/data/attachments/4350/4350228-4c95ba30319f876e4a82376e70df4154.jpg
    New York Stock Exchange Listed ETF - Ticker Code MJ https://etfmg.com/funds/mj/
    Has increased it's stake in IHL

    As of today MJ has a holding of 39,050,081 shares
    https://hotcopper.com.au/data/attachments/4350/4350251-457dedb8c4469e5484db12598c59df48.jpg

    This has increased from 25th April when it recorded its holding of 29,363,424 shares.

    https://hotcopper.com.au/data/attachments/4350/4350253-24a5398eb4dc9ad8a443073d380eae95.jpg

    An increase of 10M shares.
    And an increase in the ETF weighting from 1.52% to 2.45%

    IMO this is a vote of confidence in Incannex strategy moving forward and perhaps a vote in favour of the APIRx Acquisition.

    We have seen big fish lurking recently as per this screenshot provided by @Paulfool on 13/5
    https://hotcopper.com.au/data/attachments/4350/4350297-45a22bac3c2baab4190c0201b077f07d.jpg


    And also this morning
    https://hotcopper.com.au/data/attachments/4350/4350295-75532665a0b8bab02c17a37ff04ac1a3.jpg

    These lurkers could be just offering psychological support to the buy-side but the shareholding increase of 10M shares in the MJ portfolio is real.

    Good luck all holders eek.png
 
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Currently unlisted public company.

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