0.4c Asset Backed Nano Cap Tech Play

The other thread was just a rubbish title so starting a new one with the facts

Shares on issue: 1,250m
Mkt Cap @0.3c = $3.75m
Cash: $800k following recent placement
Other Assets: Listed stock worth $1.5m + 7.2% look through on RFN worth $2.7m
Total Assets = $5m = 0.4c a share


Very large placements at 0.2c recently to raise $1.7m via 850m shares most of which went to directors and backers such as Fosters Stockbroking who are all now big substantial holders

Recent placement for $400k at 0.3c sets the new floor at this level imo

Digital4ge/RFN investment
CHP own 15% of DigitalAge which owns 48% of new IPO RFN thats up 75%
This gives CHP a "7.2% Look Through interest in RFN" which is currently valued at $2.5m

The exciting part is what further tech business's does Digital4ge have that they could be looking to vend out or IPO



Digital Star media sports fan engagement
Digital Star Media is developing a unique, high-potential App-based sports fan engagement business.
 Investment to fund next phase of growth and culminate in commercial roll-out of Digital Star Media in Australia and major international markets.

The Directors of Chapmans Limited (ASX: CHP) (Chapmans, the Company) are pleased to announce that it has made a strategic investment in emerging technology platform-based company, Digital Star Media Holdings Pty Ltd (“Digital Star Media”).
Digital Star Media is developing a unique, high-potential App-based sports fan engagement business. Its business model is based on providing fans with a new level of interactive, tailored and personalised access to their favourite sports stars. It seeks to provide an extension to standard media and social media via the utilisation of smart peer-to-peer (P2P) technology.
Under the agreement with Digital Star Media, Chapmans will make an initial strategic investment of $700,000 over 12 months and will acquire a 40% interest in Digital Star Media. The investment will be used for operating expenditure required by the Company. Chapmans will also provide strategic and corporate advice to Digital Star Media to help commercialise its business model




Churning volume watch for a break of 0.4c as this sets up a 0.8c target