CMQ 0.00% 8.3¢ chemeq limited

achieved nameplate capacity, page-9

  1. 830 Posts.
    re: imu vs cmq Heremix, Cant agree more that CMQ was mismanaged but it is highly questionable that management has change for the better.

    We sure know Mr Williams - who can forget this CEO from EPIC Energy which went into liquitation on his watch. And we sure puzzled with his google-gook language, missed his own set announcement target, released 3 sets of different account figures - , need I say more? Makes Dr Melrose look good!

    Good changes to the board? Strategic change - Mr Williams google-gook announcement implied the company had been working on it since Jan 2006 - 9 months now and nothing to show. Still struggling to get MP1 to work.

    With the 26% of the company share in Primebrokers hands, the company is in dire straits.

    The CMQ microbial is very promising and in a more advance stage than IMU. On the other hand IMU had strategic partnership with Merrial - Mr Williams is still looking for partners. CMQ is capitalised at $32M while IMU is only half that at $16M.

    IMHO CMQ is over capitalised in comparison to IMU - both are highly speculative shares.
    Cheers
 
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