CHM
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5.56% 1.9¢ chimeric therapeutics limited

Ann: Entitlement Offer to raise approximately $10 million, page-33

  1. dalts66
    4,325 Posts.
    lightbulb Created with Sketch. 2020
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    25/10/23
    11:07
    Post #: 70524679
    Mate they would never get the money at 4c now. Institutional investors wont even absorb that amount of risk today.

    This is an early stage drug discovery company. Its a handful of years old. Its drug development stage is highly advanced in comparison to the companies lifetime. This isnt 2019 when you just had to mention biotech and money falls from a tree
    CHM Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 15  Upvote
    lightbulb Created with Sketch.  Great analysis
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