share price, page-13

You can buy and sell as you please. Depends on if you bought at the top or the bottom as to what price you want. Current price is the equivalent of less than two pips before consolidation. I anticipate it bottoming out again until one of the projects delivers. I think the market values CHP much lower because of the revised accounting practices in the middle of last year where suddenly we were considered profitable again. Management need to convert that into actual value based on the profitablity of the current investments, not assumed value of our holding based on thw assumed value of an unlisted investment. I dont think the market buys the hype yet, especially after RFN burn and then VAMP collapse.

Expect its also hard for the market to judge CHP value because the holdings are often indirect i.e. through COL, D4ge etc which adds that extra layer of speculation when determining value.

CHP had a good run on RFN, might have been a fluke, needs some of their projects to mature soon or draw healthy investment from outside CHP to give extra confidence. personally I hope they flick some of our 80%? stake in Syn Dynamics to a big cashed up outsider so we dont have to front the cash for every bit of R&D. I would like to believe what managemwnt told Smokedog about not raising cash anytine soon, but I am wary and fully expect to see an announcement in the next month or two where suddenly all the cash reserves go out the door on some project that isnt going to pay off anytime soon and then..."oh hey guys... how would you feel about a big old dilution again"...Cynical old texas tea for 2017!