Incannex Healthcare (ASX: IHL) Share Price and News

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Incannex Healthcare Chart and Price Data

Fundamentals Data provided by Morningstar.

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  • Incannex Healthcare (ASX: IHL)
    Latest News

    Man with his hand out the front, symbolising a trading halt.
    Healthcare Shares

    Why was the Incannex share price put on ice today?

    A capital raising is looming.

    Read more »

    cannabis farmer in the fields checking the crops
    Cannabis Shares

    Looking to buy ASX cannabis shares right now? You'll want to watch this

    Cannabis stocks on the ASX have been hit by similar headwinds facing cannabis companies the world over.

    Read more »

    A star has fallen from the sky and landed, burning and smoking, in the desert and sinking into the sand.
    Healthcare Shares

    Why did the Incannex share price go up in smoke in October?

    The Incannex share price added to its recent suffering last month.

    Read more »

    An older farmer wearing a checkered shirt and a straw hat stands in a green field of cannabis plants growing up to waist level as he smiles while thinking about the outlook for ASX cannabis shares in FY23
    Cannabis Shares

    Why is everyone talking about ASX cannabis shares all of a sudden?

    Recent news out of the US may rekindle investor interest in cannabis stocks.

    Read more »

    A woman looks quizzical while looking at a dollar sign in the air.
    Healthcare Shares

    Is ASX 300 healthcare company Incannex profitable?

    Is the pharmaceutical company operating with a green balance sheet? Let's take a look.

    Read more »

    A man in a horse head mask and suit jumps for joy on a beach.
    Share Gainers

    Why has the Incannex share price rallied 20% in 2 weeks?

    Could this be behind the medicinal cannabinoid pharmaceuticals producer's recent gains?

    Read more »

    two men in formal business clothing closely inspect a bud from a cannabis crop.
    Healthcare Shares

    Have Incannex Healthcare shares been a good investment in 2022?

    We check what's been happening with the ASX cannabis share lately.

    Read more »

    A cool older man leaps in the air wearing headphones and holding his mobile phone.
    Healthcare Shares

    Why the Incannex share price leapt 13% on Monday?

    Incannex shares finished Monday on a high note.

    Read more »

    Rising marijuana share price.
    Share Gainers

    Up 35% in a month, is the Incannex share price on the comeback trail?

    The cannabis player continues to post tidy gains on the chart.

    Read more »

    A man in business suit wearing old fashioned pilot's leather headgear, goggles and scarf bounces on a pogo stick in a dry, arid environment with nothing else around except distant hills in the background.
    Cannabis Shares

    Can ASX cannabis shares ever fully recover?

    We take a look at ASX cannabis shares.

    Read more »

    A Cronos Australia farmer and ASX cannabis shares investor stands in a field of cannabis plants and smiles at the camera
    Share Gainers

    Why is the Incannex share price spiking 8% on Tuesday?

    The stock has caught a bid on Tuesday.

    Read more »

    A little boy surrounded by green grass and trees looks up at the sky, waiting for rain or sunshine.
    Healthcare Shares

    'World's largest portfolio': Why this ASX cannabis share is up 36% in August

    Investors have rewarded recent news.

    Read more »

    Frequently Asked Questions

    Incannex listed on the ASX in May 2007.

    No, Incannex has not yet paid out any dividends.

    IHL ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Incannex Healthcare

    Incannex Healthcare Ltd (ASX: IHL) is a developer of cannabinoid and psychedelic compound medicines. It is currently involved in clinical programs for the treatment of six conditions: Obstructive Sleep Apnea (OSA), Generalised Anxiety Disorder (GAD), traumatic Brain Injury (TBI)/Concussion, Rheumatoid Arthritis, Inflammatory Bowel Disease, and Inflammatory Lung Conditions.

    The company has an Australian license to import, export, and distribute medicinal cannabis products and has a line of cannabinoid products.

    The Incannex share price hit an all-time high of $5.36 a couple of months after listing in May 2007 before plunging to its current levels.

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    31 Oct 2023 Peter Widdows Buy 230,954 $15,296
    On-market trade. As per announcement on 07-11-2023
    31 Oct 2023 Peter Widdows Buy 280,000 $18,545
    On-market trade.
    02 Jun 2023 Troy Valentine Buy 2,443,413 $2,443
    As advised by the company. Purchase of Loyalty Options
    02 Jun 2023 Peter Widdows Buy 1,104,913 $1,104
    As advised by the company. Purchase of Loyalty Options
    02 Jun 2023 Joel Latham Buy 1,583,227 $1,583
    As advised by the company. Purchase of Loyalty Options

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Troy Robert Valentine Non-Executive ChairmanNon-Executive Director Dec 2017
    Troy Valentine has been Chairman of the Board of Directors since December 2017. Mr. Valentine is a finance professional with managerial and Board experience spanning over 27 years. He commenced his career with Australian brokerage firm Hartley Poynton (now Euroz Hartley s Limited) in 1994 before moving to Patersons Securities (now Canaccord Genuity) in 2000 and subsequently became an Associate Director. During his time at Patersons, he was responsible for managing both retail and institutional accounts. Mr. Valentine has significant corporate and capital raising experience, especially with start-ups and small to mid-cap size companies. He is currently a director of Australian boutique corporate advisory firm Alignment Capital Pty Ltd, which he co-founded in 2014.
    Mr Peter Widdows Non-Executive Director Mar 2018
    Mr Valentine has been Chairman of the Board of Directors since December 2017. Mr. Valentine is a finance professional with managerial and Board experience spanning over 27 years. He commenced his career with Australian brokerage firm Hartley Poynton (now Euroz Hartleys Limited) in 1994 before moving to Patersons Securities (now Canaccord Genuity) in 2000 and subsequently became an Associate Director. During his time at Patersons, he was responsible for managing both retail and institutional accounts. Mr. Valentine has significant corporate and capital raising experience, especially with start-ups and small to mid-cap size companies. He is currently a director of Australian boutique corporate advisory firm Alignment Capital Pty Ltd, which he co-founded in 2014.
    Mr Joel Bradley Latham Chief Executive OfficerExecutive DirectorManaging Director Jul 2018
    Joel Latham is the CEO and Managing Director of Incannex Healthcare and is responsible for the Companys commercial operations, strategic decision- making, and oversight of all clinical development assets. Joel has over 15 years commercial management and executive experience, working for a range multi-national publicly traded companies.
    Dr George Anastassov Non-Executive Director Jun 2022
    Dr Anastassov is responsible for APIRx commercial operations, strategic decision-making, and oversight of all clinical development assets. He is one of the developers of the first-in-the world cannabinoid-containing chewing gum-based delivery system among a number of other systems and formulations. Previously, he was CEO and co-founder of AXIM Biotechnologies, which achieved an all-time-high market capitalization of approximately US$1.2B.
    Mr Lekhram Changoer Non-Executive Director Jun 2022
    --
    Mr Robert Bruce Clark Non-Executive Director Aug 2022
    Mr Clark is a senior-level strategic regulatory affairs expert with over 38 years of US and Global regulatory experience, including >20 years with Pfizer Inc. and >10 years with Novo Nordisk A/S. He is an internationally recognized expert on US Food and Drug Administration ('FDA') and the European Medicines Agency (EMA) liaison interactions, US pharmaceutical advertising practices and regulatory aspects related to healthcare professionals and sales force activities. Mr Clark is Vice President, US Regulatory Affairsfor Novo Nordisk where he provides strategic leadership to a team of over 50 regulatory staff and scientists in the development of new medicines. He advises the global executive team on matters related to drug development programs, FDA liaison strategies, managing FDA-related compliance issues, and monitoring emerging US regulatory trends and opportunities.
    Mr Madhukar (Madhu) Bhalla Company Secretary Jul 2021
    -
    Madhukar (Madhu) Bhalla Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 82,707,741 5.23%
    George Anastassov 66,972,077 4.23%
    Prasch Bv 63,954,841 4.04%
    Dr Sudhanshu Agarwal 34,080,364 2.15%
    Cannvalate Pty Ltd 32,000,000 2.02%
    Mr Raymond Laurence Carroll 30,250,000 1.91%
    J P Morgan Nominees Australia Pty Limited 23,906,440 1.51%
    Brownarrows Pty Ltd <Ejm A/C> 23,610,000 1.49%
    BNP Paribas Noms Pty Ltd Deutsche Bank Tca <Drp> 22,880,950 1.45%
    Citicorp Nominees Pty Limited 19,087,124 1.21%
    Mr Peter Widdows 15,973,694 1.01%
    Mr Kaide Wang 15,700,000 0.99%
    IMI LLC 14,642,234 0.93%
    Bagbo Pty Ltd 14,516,434 0.92%
    Mr Brian Peter Byass 14,247,191 0.90%
    Mr Joel Bradley Latham 13,829,129 0.87%
    Gemini Capitall Llc <The Ars A/C> 13,787,086 0.87%
    Slade Technologies Pty Ltd <Embrey Family S/F A/C> 13,350,000 0.84%
    Alignment Capital Pty Ltd 13,194,248 0.83%
    Ryba Llc 13,090,170 0.83%

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