CHM 10.0% 1.8¢ chimeric therapeutics limited

cost of jack hills and weld range tenements, page-13

  1. 529 Posts.
    Glyna why would CHM be writing cheques out to the vendors of the IO assets in a transaction that had nothing to do with them.

    The 153k forms only part of the cash.

    Why were tenements bought and sold so quickly by MMX to CHM to book a 1.5 million profit. It wouldnt have been about trying to quickly create value inside Nicu would it ?

    Barnes and Grim (reaper ?) didnt own shares they got handed shares as part of the transaction allowing them to get more Nicu shares. If there was no problem with this why was it hidden from shareholders.

    Why and on what basis were CHM shares issued to parties who sold them and then invested cash into Nicu

    Yep all of this was clean and above board and CHM was not disadvantaged to MMX benefit

 
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