IHL News: Here's Why We're Not Too Worried About Incannex Healthcare's (ASX:IHL) Cash Burn Situation - 23rd Mar 2022, 6:06pm

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Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the right price. By way of example, Incannex Healthcare (ASX:IHL) has seen its share price rise 241% over the last year, delighting many shareholders. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly.

So notwithstanding the buoyant share price, we think it's well worth asking whether Incannex Healthcare's cash burn is too r...

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