CHP 0.00% 0.5¢ chapmans limited

Ann: Appendix 4C - quarterly, page-3

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  1. 845 Posts.
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    Wow, kicking goals - they milked the cash jar down to $10,000 at the end of the quarter (latest raise excluded)  - that's extremely efficient accounting.

    "The Company will continue to fund its working capital requirements on an ongoing basis, via a combination of equity and/or debt raisings and/or the sale of existing investments. "

    My Opinion Translation - " Don't worry ASX, we'll just keep raising money as fast as we spend it, and if we keep selling all our dud investments then we can remain liquid..."

    Congratulations CHP team - one things for sure, consistency is the key....

    Cheers,

    Disco.
 
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Currently unlisted public company.

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