IMHO if a buyer came forward with $60m and a 3.6c Buyout most SH would take it today.... The SP chart shows the tipping point , once the SP slid to 1.4c and went into suspension the discount was just too large for Hopper and Co to tip in the $5m then the Option just crippled the SOI...
I can only commend the Science Team and Rebecca for continuing to prove the Science in morbid market conditions and securing that $4m donation was something David Copperfield would have been proud to accomplish..
I'm fortunate to have a real guru as my Science Advisor and he and few other SH that I convey with are pretty certain CHM have the goods , its a race against the money clock currently but the next set of Data if Positive should restore some SH Value... Thing is the market are weary ,, even if actions had good intent ( my belief is CHM had an investor in the wings that pulled away when the SP was still circling 2.6c) but the optic certainly can be construed as individuals taking advantage of an engineered drop in working capital...Capitalising on the Complete Response while SH and the wider market were trapped in Suspension from Trading..
Looking forward to the next Data set and the corresponding Marketing push ,,believe me CHM will have to broadcast the heck out of the next data set..
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IMHO if a buyer came forward with $60m and a 3.6c Buyout most SH...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.060M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.4¢ | $15.69K | 3.919M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 21936206 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 24685267 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 21936206 | 0.004 |
38 | 23301940 | 0.003 |
15 | 12300508 | 0.002 |
10 | 59600000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 22760116 | 26 |
0.006 | 13828910 | 16 |
0.007 | 5660001 | 5 |
0.008 | 8542434 | 6 |
0.009 | 2767672 | 5 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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CHM (ASX) Chart |