Patience. Read the Hopper cap-raise playbook - there are plenty of chapters.. Most of the shares haven't even been allocated yet. When they do, the following (likely) happens: The SP will have ticked up to over 0.8c (after all, who can resist 0.8c when just a couple of weeks ago it was double that, also there may be some fluff announcements in reserve). Those institutional investors aka cornerstone aka specialist biotech investors who truly, truly believe in everything CHM is doing, will dump all of their shares. This takes the SP down to 0.8c. Even selling at 0.8c is beneficial, because the institution gets all of its money back and gets the attaching options for free. If they manage to sell at 0.9c, they get the free options + a 12.5% return for doing nothing other than being a willing participant in Hoppers relentless take-from-retail-give-to-mates scheme. The SP then drops below 0.8c as retail holders who thought they'd be in for a quick gain, decide they better protect their capital and rush for the door.
That's when you get to buy at lower than 0.8c.
"I just don't jump at shadows"
This my friend is no shadow. Its a real 3D bulldozer that's ensured no one can jump at all ...
Hopper made no one rich as IMU has never distributed a cent to shareholders, except those like Hopper who are on the payroll. ALL of the money made by shareholders during the IMU bull run came from other shareholders. Because a significant chunk of the "trading money" drained out to Hopper and his institutional mates those new retail shareholders have lost more than the lucky old retail holders who sold shares to them. So for every person that made money out of IMU, another person lost more ...
CHM Price at posting:
0.9¢ Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)