Any material upward movement in the IBX SP will only occur when...

Any material upward movement in the IBX SP will only occur when positive first trials results underpin its future.
Until then these are just emotion/trader driven fluctuations.
there is no shortage of buyers ready to pick up cheap heads and options.
It's important that the SP is as high as it can be when we do the next CR to minimise further dilution but outside of that, anyone who's worried about whether it's 6c or 16c simply doesn't understand the potential of this business.
Think dollars, not cents.
Not advice.
DYOR.