IHL.AX stock falls to A$0.041 on heavy volume: what traders should watch next

IHL.AX stock falls to A$0.041 on heavy volume: what traders should watch next

IHL.AX stock closed the ASX session at A$0.041, down -10.87%, as trading volume surged to 61,360,016 shares on 17 Feb 2026. Incannex Healthcare Limited (IHL.AX) saw a large increase in selling interest after morning highs at A$0.051 failed to hold. The session highlight was extreme liquidity: volume was nearly ten times the 30-day average, suggesting short-term traders drove intraday moves in this small-cap healthcare name.

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