With $22.36 Mn in the bank, the mgmt & BOD must feel extremely confident in taking the next steps for trials of existing programs (multi-site trials for IHL-675A?) and announcing new programs (2nd psychedelics program?). (To think that our MC about 18-24 months ago could be close to our current cash!)
I think the Nasdaq listing requirements have blocked the news pipes which could get unclogged once the listing happens. Not for the faint-hearted!
IHL Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held