CHM 0.00% 1.5¢ chimeric therapeutics limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-17

  1. 5,887 Posts.
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    There is potentially quite a huge rabbit in the hat to pull out .

    Worth looking at a few of the recent vids with the new COO & also worth checking out her background

    As well worth trying to get a bit of an understanding as to exactly what CHM are doing - its pure R& D at the moment - but in a field where some of the valuations of similar /like type of treatments and therapies have attracted extremely high valuations

    The stock originally listed at 20 cents a share ..... a few years back .... they have raised capital ....a couple of times ..... like a number of companies like this they are pretty well shunned by the market .

    A lot more to the story ....and worth understanding

    The board has recently made provision to expand the issue X approx 100% --which will take SoI to approx 1.6-1.7 Bill .. ... I suspect IF all tnse shares are taken up they will be a major corner stone investor .... and probably wont be at much of a premium to the current pricing range ...unless there is some brilliant salesmanship done by the current board/ seniour managements . Probably doesn't matter much in the long run if the stock is taken up at current prices , a bit less or a bit more ..... so long its take up bu a player in the field .

    Just so long as there is fuel in the tank ....for the next year or so

    IF the current line of R& D produce the data many think they will ..... then iis not beyond the realm of reason to put a price tag on developing IP asset way way higher ....could even be 10 20 times who knows .

    IF it all sounds like BS ... thats OK & maybe not for you

    Dont bet the house ..... but a garage could well be an interesting outcome .

    cheers
 
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