Incannex Healthcare (ASX: IHL) Share Price and News

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Incannex Healthcare Chart and Price Data

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  • Incannex Healthcare (ASX: IHL)
    Latest News

    Young adult male farmer standing smiling in his indoor greenhouse full of herbal cannabis plants at a cannabis cultivation facility
    Cannabis Shares

    How have ASX cannabis shares been performing so far in 2022?

    The sector has held its own during volatile times.

    Read more »

    Man in a cannabis greenhouse looks unhappy and puts his thumb down.
    Mergers & Acquisitions

    Incannex (ASX:IHL) share price slips on acquisition news

    Investors don't appear to be impressed by the latest update...

    Read more »

    Female doctor with a mask holds out hand in a stop gesture.
    Healthcare Shares

    Here's why the Incannex (ASX:IHL) share price is on ice today

    The company's shares are in a trading halt...

    Read more »

    Rising cannabis share price.
    Share Gainers

    The Incannex (ASX:IHX) share price is up a whopping 50% in a week. What's the deal?

    Incannex has reversed its loss on Friday.

    Read more »

    A woman puts up her hands and looks confused while sitting at her computer.
    Healthcare Shares

    What's going on with the Incannex (ASX:IHL) share price today?

    The company's shares had a horror start today before regaining lost ground.

    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

    These were the best-performing ASX cannabis shares in 2021

    Despite a mixed bag for cannabis shares, some ended the year on a high

    Read more »

    A graphic showing a rising share price in medical cannabis shares
    Share Gainers

    Here's why the Incannex (ASX:IHL) share price spiked 12% today

    The medicinal cannabis country's share price is off to great start in 2022.

    Read more »

    A white cannabis leaf set against a green background with a graph going up, indicating a rising share price for ASX cannabis shares
    Cannabis Shares

    What's the outlook for ASX Cannabis shares in 2022?

    December has been a tricky month for ASX cannabis shares.

    Read more »

    Falling cannabis asx share price represented by cannabis leaves on a declining line graph
    Cannabis Shares

    What's dragging the Incannex (ASX:IHL) share price 5% lower today?

    The medicinal cannabis producer is having a bad day after releasing an update on its potential listing in the US.

    Read more »

    A woman wearing a pink blouse and straw hat holds up a cannabis leaf with tall green cannabis plants in the background
    Cannabis Shares

    These were the top performing ASX cannabis shares in November

    It was a tough month for ASX cannabis shares but we've identified 3 diamonds in the rough.

    Read more »

    Two doctors wearing white coats look closely at a medical imaging x-ray as the share prices of ASX 200 healthcare shares improve in FY23
    Healthcare Shares

    These were the 5 best performing ASX healthcare shares in November

    It was a weak month overall for ASX healthcare shares but several names outperformed.

    Read more »

    A woman jumps for joy with a rocket drawn on the wall behind her.
    52-Week Highs

    Here's why the Incannex (ASX:IHL) share price has rocketed 60% in a month

    A raft of company and regulatory catalysts have propped up the Incannex share price over the past few weeks.

    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 Joel Latham Buy 1,583,227 $1,583
    As advised by the company. Purchase of Loyalty Options
    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

    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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