I know MDA (and Borje Andersson) well. To reiterate; no concerns with MDA - major concerns with CHM.
Just shy of 10% of SOI traded in less than 3 hours of trade on Thursday. In a 'Pause' for two hours, 'Halt' for one. They clearly rushed these 'results', if you can really call it that, without a skerrick of data or context to support it. I'm sure they could have remained in halt and completed the raise at 0.4c without the need to screw all these people.
It doesn't smell - it stinks.
CHM Price at posting:
0.8¢ Sentiment: None Disclosure: Not Held
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