CHM

0.00%

1.6¢ chimeric therapeutics limited

Ann: Notice of Extraordinary General Meeting/Proxy Form, page-159

First 159 Last

Share
Profile

Follow
NZ Trader

12,151 Posts.

6202

30/05/24

11:01

Post #: 74079171
Share

Originally posted by dalts66: ↑

Steini,

Mann beef (sound familiar? ) own a bit over 10% of ALA (through a couple of accounts). That's where their money is coming from.

The top two holders of CHM, PH and Lind, own over 20% of CHM.
As I have said, very few finance entities will even look at investing in companies like CHM due to the risk. This is due to the high money burn rate during the early drug discovery phase vs. the risk of drugs not performing. The company needs access to this line of credit to keep the pipeline moving. 4 trials hitting arms isn't cheap. The GBM extension trial will hopefully lead to a fastbtrack approval trial. This is where potential value in CHM comes from! The company can't keep progressing the pipeline if it becomes cash constrained. If the pipeline stops, your investment stops. Its really that simple.
I dont think even the magic of steini's sales could Russell up a deal where a company coffs up over the entire 100% of market cap (if needed) for a less than 50% holding. And as I have said, this amount doesn't become a target to be spent, but is on call call if needed. It ensures the pipeline progresses, which is what share holders need to happen to realise investment gains. There is $0 value in the current market cap for pipeline value. So there is massive upside potential, even with any dilution. If we get some good announcements end of year and the share price rises and potential dilution reduces.

I dont think you understand the cost of CarT drug development. I dont think you understand the risk of drug development companies. And I dont really think you have any plan.

We have to agree to disagree, I am afraid.

Expand

Where do you see this bottoming out @dalts66?

I can see no effort from Management to stem the hemorrhaging of SH Value , the 30 day chart and Trend line does not look like "ensuring SH Value is not eroded"

11th of April 3.7c now 1.8c over 50% fall ,,, in a vacuum of silence from Management ...

CHM Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

ENV

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

ASN

Utah authorities sign off on Anson's lithium extraction plans at Green River

MKG

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

MM8

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

MLS

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

VUL

Vulcan appoints investment bank and M&A veteran to board

AZY

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

NAM

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

There are more pages in this discussion • 126 more messages in this thread...

First 159 Last

Add CHM (ASX) to my watchlist

(20min delay)
Last 1.6¢		Change 0.000(0.00%)		Mkt cap ! $14.29M

Open	High	Low	Value	Volume
1.6¢	1.6¢	1.6¢	$5.12K	320K

Buyers (Bids)

No.	Vol.	Price($)
13	973796	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.7¢	617827	2

View Market Depth

No.	Vol.	Price($)
13	973796	0.015
8	1132261	0.014
4	1266666	0.013
4	283515	0.012
2	204041	0.011

Price($)	Vol.	No.
0.017	617827	2
0.018	200000	3
0.019	1948702	6
0.020	1123093	4
0.021	140000	1

Last trade - 14.43pm 13/09/2024 (20 minute delay)

CHM (ASX) Chart

Ann: Notice of Extraordinary General Meeting/Proxy Form, page-159

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Utah authorities sign off on Anson's lithium extraction plans at Green River

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Vulcan appoints investment bank and M&A veteran to board

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Notice of Extraordinary General Meeting/Proxy Form, page-159

Top Stories

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Utah authorities sign off on Anson's lithium extraction plans at Green River

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Vulcan appoints investment bank and M&A veteran to board

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News