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1.4¢ chimeric therapeutics limited

If he squeezes enough money from the big shots to see us through...

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Cuprum29

1,116 Posts.

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13/05/24

17:40

Post #: 73802238
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Originally posted by dalts66: ↑

I dont know. Retail haven't taken their eligible allotment of shares in CRs gone past. Do you want PH to pay for them and just hand them out? Or would you prefer that the money is just allowed to run out and the pipeline stop? At least your loss then wouldn't be dilution, would that make you happier?

This is a high risk investment. Its a prerevenue BIotech. Its potential its all about its pipeline. And this pipeline is novel, cutting edge and addressing unmet needs. There is zero EV value in the share price at the moment.

As I said, even 100% dilution gives a market cap of $46 million Australian pesos. Is that market cap good value when compared to 3 soon to be 4 trials hitting arms? Even with the dilution there is potential for many bags to be made. But the coffers will be full, and the pipeline potential can be realised.

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If he squeezes enough money from the big shots to see us through at least H1 CY25, preferably all of CY25, then I don't mind the dilution.

Personally, I have no extra cash to put into this company anyway.
Any cash I get, I have a half dozen other biotechs in mind to diversify.

CHM Price at posting: 2.4¢ Sentiment: Hold Disclosure: Held
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