News: IHL Incannex Healthcare Ltd Files To Withdraw U.S. IPO Plans, page-20

Mate, you are correct.

What is most important here is that IHL is compared to on the NASDAQ or potentially another Resmed in the making.

Resmed has a Market Cap of AUD$48 BILLION
https://finance.yahoo.com/quote/RMD.AX?p=RMD.AX&.tsrc=fin-srch

Here is a company Incannex IXHL with a Market Cap of AUD$640M
https://finance.yahoo.com/quote/IHL.AX?p=IHL.AX&.tsrc=fin-srch

But IXHL has a medicinal solution for Sleep Apnoea (possibly) that Resmed does not have!

Let us be compared with Resmed plus we have 5 other developments in our pipeline including Psychedelics

Bring it on!

GLAH