CHK - Disallowed Potential 220M structure $4m Market Cap 0 Cash, page-173

Cobalt is $50500 per ton at 28th of Feb....

EQU closed at $82m MC and someone had sold it down to 14c several days and it All managed to closed at or higher of 15c...

EQU done 2c CR.

ARV closed at $28m MC and it had been played around 9c, sold down many times to 8.5c, 8.6c, then it managed to climb up back to 12.5c today...

ARV done a 7.5c CR....

So it is not the a Fault of Cobalt to cause the heavy relentless sell down of CHK....and CHK has done a quality acquisition, and the fact is It did not made Even 1 bagger YET....

CHK, it just only up 40% at 2.8c than that of prior Cobalt X acquisition , many still scared and panicked sold....

Think about GPP, with billions shares on issue, it still managed to almost 10 baggers...

I can only see someone manipulate the sp because every auction at 4:10, there will be more sell orders to push Sp down to make sure sp closed at the lowest of that day......

With what FA CHK achieved, it is still 240 share in issue, and by end of March, we could have only extra 40m for right issue, 40m for vendor shares, by sometime April, another trance of placement could be issued....therefore, by Sometime April, we got 400m shares Free float(35m vendor shares is Excowded)

So what's the Negative and Scare about 400m free float which give $12m MC at 3c then?

A strong bounce will come in next 2 or 3 days because CHK Managemnt is working hard to progress this junior and definitely some will sold onto the Floor...