Ann: Entitlement Offer to raise approximately $10 million, page-11

This would explain the sell algo.

This raise is half the current market cap. It keeps the pipeline moving forward.

One of the joys of the drug discovery biotech. Without money they grind to a stop. When they raise money shareholders complain. Its an area of the market with a pretty harsh crowd.

Getting drigs into arms is how a biotech succeeds. The market cap at the moment is at least 10bags below where it should be. This dilution wont change CHM from being potentially life changing for some.

T+2 means you need to have bought by tomorrow to have em in your account by Monday right? Sell as of Friday?