CHM 4.17% 2.3¢ chimeric therapeutics limited

What is a confirmed reversal? Sp at 10c, 2-3m shares trading...

  1. 12,030 Posts.
    lightbulb Created with Sketch. 3660
    What is a confirmed reversal? Sp at 10c, 2-3m shares trading volume per day?

    I know chartists have their criteria but at a stock like CHM any news can send this one to 10,15,20c in a blink of an eye as it is valued at almost nothing and has hardly any liquidity.

    Of course it would have been / will be great to know where the bottom is. I would have preferred not to buy at 8c and 7c levels had I known to get those sub 7c or even as some predict sub 4c.

    Hopper could come out at any time and propose a t/o, let's say 1 CHM share for 2 IMU shares, valuing CHM at about $ 150m which would still be a bargain. As PH and a few hold more than 50% and the board is made up of Hopper people any of those offers would succeed. And PH would make gazillions if after that IMU takes off. He is already testing the NASDAQ-waters with RAD in the coming weeks.

    Some call me a Hopper-Insider or a Hopper's Pet. Imagine that would be true and I had some insider knowledge and the above had some merit. I could then say " Told you so! " It took IMU 4-5 years to get out this 1.5c-2c range despite the compelling Her-Vaxx progress. And then the market warmed up to it.

    That's why I continue to buy at various levels, anything can happen at any time.

    GLTA
 
watchlist Created with Sketch. Add CHM (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
-0.001(4.17%)
Mkt cap ! $19.69M
Open High Low Value Volume
2.4¢ 2.4¢ 2.3¢ $38.83K 1.684M

Buyers (Bids)

No. Vol. Price($)
6 758450 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 189086 1
View Market Depth
Last trade - 15.10pm 15/05/2024 (20 minute delay) ?
Last
2.3¢
  Change
-0.001 ( 4.17 %)
Open High Low Volume
2.3¢ 2.4¢ 2.3¢ 1446775
Last updated 15.42pm 15/05/2024 ?
CHM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.