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2.0¢ chimeric therapeutics limited

The last bit is the important bit. For the company to progress...

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dalts66

4,278 Posts.

2007

08/03/22

21:47

Post #: 60070013
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Originally posted by stockrock: ↑

@dalts66 yep likewise, figured it was a great opportunity to get the sizing of my exposure right where I wanted it to be and there is a fair chance I’ll get all the shares and options I’m asking for given the market sentiment.

while there are many ways to optimise one’s investment strategy, one way is to get as many options as possible (either through this or on market) and sell your shares.

so as an example you put in $17k for 100k shares + 100k options.

you then sell the shares after they are allotted at market for say 0.16, you get back $16k of your initial outlay.

so for $1k you have 100k options that you can exercise if the stock goes bonkers by Mar2024.

ideally if you wait a while and can sell your 100k shares at 0.17, then those options are free.

or of course you could buy the 100k options on market, but who knows for what price, how many will be available, and personally I prefer to inject my cash into the company I want to see succeed.

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The last bit is the important bit. For the company to progress the pipeline it needs cash.
For our share price to grow, that pipeline needs to keep progressing.

Any raose where a lot of cash is needed from retail gets messy, as they dont understand that.
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(20min delay)
Last 2.0¢		Change -0.001(4.76%)		Mkt cap ! $17.12M

Open	High	Low	Value	Volume
2.1¢	2.1¢	1.9¢	$79.25K	3.933M

Buyers (Bids)

No.	Vol.	Price($)
7	1013051	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.0¢	178304	1

View Market Depth

No.	Vol.	Price($)
7	1013051	0.019
7	1512721	0.018
4	415630	0.017
4	360000	0.016
5	621877	0.015

Price($)	Vol.	No.
0.020	178304	1
0.021	304169	1
0.022	325000	2
0.023	574246	2
0.024	395000	3

Last trade - 16.10pm 29/05/2024 (20 minute delay)


Last 1.9¢			Change -0.001 ( 13.6 %)
Open	High		Low	Volume
2.1¢	2.1¢		1.9¢	2055165
Last updated 15.45pm 29/05/2024 ?

CHM (ASX) Chart