IHL 0.00% 4.1¢ incannex healthcare limited

IHL - INCANNEX - HOLDERS RESEARCH, page-726

  1. 3,848 Posts.
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    Hi TV
    Understand it's a hard questions to answer stock price predictions moving forward. I was reading wallet investor analysis report on IHL and they have forcast the SP in light of fundamental to lift from 11.5cts to 22cts over the next 12 months and a 5 year forcast of 52cts. What are other SH views on the above.
    My view I would of thought positive clinical results on both 675A and 42X along with the Melbourne clinic opening by year end would push the SP above 22cts and with regulatory approvals and commercial production of one or both compounds in the next 2-3 years should easily see the SP above 52cts in 5 years as the PE would push the MC higher. Surely. I understand that some earnings will be used to forward other compounds. If the above is the case all options won't be excersed. Thoughts ?? or am I reading it wrong. Thx in advance.

    Ref: Wallet investor.com/asx
 
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