CHM chimeric therapeutics limited

Yeah I tend to agree, left shaking my head here. CHM’s approach...

  1. 8,251 Posts.
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    Yeah I tend to agree, left shaking my head here.

    CHM’s approach to this is almost laughably incompetent. How hard is it to simply wait, let the market absorb good news, and allow the company to re-rate? Even the $4 million donation, paired with a solid presentation, could have done wonders for a company scraping by with a $10 million market cap a straightforward 40% boost in enterprise value.

    And yet, what did they do? Smothered any positive momentum with a capital raise below the pre-donation trading price.

    This isn’t just a blunder; it’s a pattern. Every shred of good news, suffocated under the weight of halts and discount raises. I’d call it comical if it weren’t shareholders’ money being burned at the altar of such staggering mismanagement.
 
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(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $8.060M
Open High Low Value Volume
0.5¢ 0.5¢ 0.4¢ $432 98K

Buyers (Bids)

No. Vol. Price($)
26 22188206 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 25892021 31
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Last trade - 13.15pm 16/06/2025 (20 minute delay) ?
CHM (ASX) Chart
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