CHM 6.25% 1.7¢ chimeric therapeutics limited

Ann: Phase 1/2 CHM CDH17 CAR-T GMP Manufacturing Complete, page-36

  1. 12,536 Posts.
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    Her comments were made sarcastically, of course she knows what she needs to know if her previous business success is true. My email was meant to make her aware of the Hopper-Factor and that she needs to consider a raising at 1.2 / 1.3c if he does it the usual way.

    But how much can be raised at that level? 800m shares at 1.2c, $9.6m before costs. Won't help at all unless Kite & Co. take that 50% stake and will then provide further funds like Lantheus at RAD. And if he issues oppies to the usual culprits at 4c or so then the sp will never ever get back above 2c as those will sell down CHM like RAD to stick with the oppies.

    We've seen that before so many times, unlikely he changes his attitude.

    GLTA
 
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