The CR was broadcast in May , since then the SP halved and any interest has been destroyed by lack of clear communication
13 May 2024—...Shareholders approve the issue of up to 800,000,000 Placement Shares, on the terms set out in the Explanatory Memorandum.' The Directors ...
In 20 years I have not seen such a hashed up poor Placement .. from experience I would draw the conclusion the Initial Funder pulled out or hit the delay button waiting for results, which are actually Stellar , 100% no adverse effects Complete Response ,,,,
So Management now must surely be negotiating a Premium Placement Price ,, IMHO it should be closer to 3.6c than 1.4c but for arguments sake lets shoot for 2.5c as thats circa average...
Plus being in Suspension and releasing positive data?? that can't garnish any market response?
I'm not going into detail , so don't bother , Rebecca emailed yesterday , Confidence has been boosted with the latest results and the Science Team look forward to further Positivity is the general outline...
I have a Truckload of CHM but I own even more SNT with catalysts of interim Data programmed for December ,,, NZT
Best of Luck to all Holders ,, now we only require Management to perform as well as CHM-Core -NK
CHM Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
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