Yes, CHMOs can be traded now. Great news for oppie-holders who could sell them for 0.1c to get at least 1/8th of their investment back.
Buying them, mmh, very risky at the current price of heads and just 8 1/2 months to trade / to expiry. Depends on the risk anyone wants to take. Buying CHMO at 0.1c or 0.2 reduces the loss by 60 to 80% compared to participating in the raise at 0.5c if CHM goes bust. If it survives until December'25 and the sp miraculously rises above 1c by then, then those oppies could be a winner. But how likely would that be?
Nothing looks like a safe option here. If one can get the heads for 0.3c or less then CHM is on its way to fall over and neither holding heads nor oppies will help. Anyone who believes in a turnaround before December will have to commit to a big gamble.
GLTA
CHM Price at posting:
0.4¢ Sentiment: None Disclosure: Not Held
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