IMU + CHM extremely unlikely.

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07/12/23

13:43

Post #: 71326672
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Originally posted by Steini: ↑

IMU is the safety net, that's why CHM won't fail on the financial side. The finders fee was a smart move, can be used for the 43% Tax R & D rebate. That way, just 57% real amount.

I would accept a 2 IMU shares for 1 CHM share offer, valuing CHM at about 20c per share, about 130m. But that won't happen, neither the t/o nor the offer.

I am pretty sure the shortfall has already been allocated. Just need a few days to announce it so it won't be that obvious. Or Lind or another fund will be pulled out of Hopper's hat again. Should hit at about 3pm AEDT if last time is a guide to go by.

And like last time some will sell now sub 2.8c just to get surprised in about 2 hours.

GLTA

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IMU + CHM extremely unlikely.

CHM Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $8.060M

Open	High	Low	Value	Volume
0.4¢	0.5¢	0.4¢	$11.72K	2.783M

Buyers (Bids)

No.	Vol.	Price($)
4	2757364	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	15260220	25

View Market Depth

No.	Vol.	Price($)
2	1754304	0.005
5	2882364	0.004
42	27878271	0.003
15	13950505	0.002
10	50600000	0.001

Price($)	Vol.	No.
0.004	1754305	1
0.005	13492653	21
0.006	13217229	15
0.007	3200000	3
0.008	8542434	6

Last trade - 16.10pm 23/06/2025 (20 minute delay)

CHM (ASX) Chart

IMU + CHM extremely unlikely.

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Buyers (Bids)

Sellers (Offers)