Replies to post #309493 on Innovation Pharmaceuticals Inc (IPIX)

[capital gain]

Exactly! who would have thought we would be where we are 5 months ago.

I was a bit nervous after the 1st quarter filing truth to be told, seeing the rather larger dilution that had happened since the beginning of the year, and still IPIX had little cash. So to see a $6 mil raised for 35 mill shares, if that is indeed the correct amount of shares, is in my view fairly cheap financing.

We are now in a much stronger cash position, and with everything going on I think we are in the best place currently, that we have been in the last 2.5 years.

We will IMO look back at this time in a couple of months and hopefully realise this was the turning point, where IPIX really started to take off.