it seems asx has finally asked some of the questions that any other listed company has to supply as continuous disclosure! chm still didn't answer though. who is the debt facility with? what is it secured against? what is the conversion rate they are talking about? when exactly does it have to be repaid? is it still validly available? (many loan agreements have clauses that invalidate them when the Dow drops more than a certain percentage) do the facility providers get any other benefits like establishment fees, draw down fees, free options or warrants etc? these are all material matters that chm holders have a right to know. i have read the ann. they refer to from last year and they don't answer these questions. they treat thier shareholders with total contempt and asx does nothing. too little too late asx.
CHM Price at posting:
3.2¢ Sentiment: Sell Disclosure: Not Held
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