Replies to post #356441 on Innovation Pharmaceuticals Inc (IPIX)

[Lemoncat]

The market cap is stable. The stock is just tracking dilution and the recently pushed out primary completion date.

Remember, our outstanding shares has roughly doubled over the last 15 months. The market has been consistently valuing us around $120M since the COVID RBL announcement last year.

Adjusting for doubling the share count we have actually nearly quadrupled our market cap since April 20, 2020 even though the stock price is only up 80%

Go IPIX!