$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 ...
$1.1m in shares.Commitment fee = $30,000According to CHM, the...
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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 |
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| Last trade - 14.27pm 25/07/2025 (20 minute delay) ? |
| CHM (ASX) Chart |