To counter 4$'s pessimism, here is Steini's optimism:
1. IMU buys a stake in CHM - no share sell down after that
2. T/O by IMU, 2 IMU shares for 1 CHM share
3. IMU lending $ 10-20m to CHM
3 directors including chairman of IMU are the same of CHM, that way CHM is already an "IMU subsidiary".
Time will tell.
GLTA
How's the Capital Raise Going to Work?, page-3
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.951M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $30.25K | 3.010M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1600735 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 545477 | 5 |
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| Last trade - 15.59pm 15/11/2024 (20 minute delay) ? |
| CHM (ASX) Chart |