$1.1m in shares.
Commitment fee = $30,000
According to CHM, the options are worth 1.95c each = $336,205 (Black Scholes had them at 2.2c, but lets not quibble)
So in total, Chimeric has paid $1,466,205 just to end up with $1,000,000 cash.
Another way of looking at it is:
The "deemed" $1.1m required the issue of 30,555,556 shares (ie 3.6cps)
$336,205 (the value of the options according to CHM) at 3.6cps = 9,339,028 shares
$30,000 at 3.6cps = 833,333 shares.
In total, CHM issued the equivalent of 40,727,917 shares for $1m. Effective issue price of under 2.5cps.
But its not all bad. At least Jen's remuneration is shored up for another 4 months ...
- Forums
- ASX - By Stock
- CHM
- Ann: CHM Secures Further $1M Investment
CHM
chimeric therapeutics limited
Add to My Watchlist
25.0%
!
0.3¢

Ann: CHM Secures Further $1M Investment, page-7
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $6.045M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.3¢ | $22.28K | 6.311M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
78 | 84735861 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 86304338 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
71 | 80251196 | 0.003 |
24 | 24996485 | 0.002 |
12 | 52464000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 86304338 | 23 |
0.005 | 33049651 | 21 |
0.006 | 12474007 | 15 |
0.007 | 6512518 | 7 |
0.008 | 7317101 | 5 |
Last trade - 14.27pm 25/07/2025 (20 minute delay) ? |
Featured News
CHM (ASX) Chart |
The Watchlist
P.HOTC
HotCopper
Frazer Bourchier, Director, President and CEO
Frazer Bourchier
Director, President and CEO
SPONSORED BY The Market Online