The broker report out this week with a $3.38 valuation compared to $0.62c current share price close today has helped IXC close the week out;
Today was the third largest volume day in the last six months, pushing against long term trend resistance and bouncing off long term support.
With strong FA catalysts in the next 3-6 months, its looking primed for an entry as we move sideways, up, and out of the long-term trend resistance. Looking forward to seeing how the next 6 months unfold given that the $26M capital raising to bring IXC to fully funded for the phase 3 trial was completed at $1.30, with funds likely to help it on its way up above that price for window dressing now there is news flow to substantiate the SP leading into P3.
All in my speculation, not financial advice, would love to know others thoughts.

