Replies to post #160275 on Innovation Pharmaceuticals Inc (IPIX)

[noretreat]

Funding the P3 is the 800lb gorilla in the room. Depending on how those funds are accessed, the share price will respond accordingly. There is no point in trading around all these minor low volume swings. Clearly the company should have secured the funds 2 years ago with fresh p2b results and a hot share price.

What the company is doing now is stalling, while rubbing the magic lantern and hoping a genie appears in the form of a partner, and that the partner hands over about 50million. It could happen, sure, but the odds are long.

[noretreat]

To answer your question: If the price drops to a buck because the company decided to fund the Bp3, I will buy heavily...probably 200k. If it is for some other reason, like failure of b-om or b-up or p, I'll probably sell the paltry 25k I'm sitting on and just watch for a while.

Other things could drive price down of course, and whether I buy will depend on the cause.