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1.7¢ chimeric therapeutics limited

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

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Cuprum29

754 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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(20min delay)
Last 1.7¢		Change 0.001(6.25%)		Mkt cap ! $14.66M

Open	High	Low	Value	Volume
1.6¢	1.7¢	1.6¢	$24.72K	1.459M

Buyers (Bids)

No.	Vol.	Price($)
13	2303246	1.6¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	6238	1

View Market Depth

No.	Vol.	Price($)
13	2303246	0.016
12	1305499	0.015
4	2509999	0.014
4	352631	0.013
6	2608523	0.012

Price($)	Vol.	No.
0.019	491593	3
0.020	181004	3
0.021	429169	2
0.022	200000	1
0.023	365000	3

Last trade - 16.10pm 07/06/2024 (20 minute delay)


Last 1.7¢			Change 0.001 ( 6.25 %)
Open	High		Low	Volume
1.7¢	1.8¢		1.7¢	1329876
Last updated 15.59pm 07/06/2024 ?

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