I sent them an email the other day suggesting they try the approach that has worked very successfully at RAC and recently attempted by PAR. I.e. loyalty options with piggy back options, issued at a premium to current share price ahead of some potential catalyst (cdh17 prelim results?)
the continual flow of discounted raises are the main thing holding me back on this stock, and if it's holding me back I am very sure it's holding others too.
give shareholders the confidence that they can be funded by these loyalty options and: 1) some people will want to buy to acquire the options 2) some will be prepared to buy because they have less fear of other raised happening
just my two cents.
for the record chm is the largest size loss I hold in over twenty years of investing. pity, but whatevs. however I am certainly not going to pour any more into until the funding issue is sorted as that will be the only time the share price can finally be allowed to run.
the order depth was lining up well the other day, and here we are two days later issuing shares at a 40% discount again for lind to pip trade us all down to .005
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