NZT, IMU neither hasn't got enough $ for itself nor for CHM. If IMU gets AUD 500m then maybe yes, but at this stage a definitely No. IMU has to raise shortly for itself unless a buyer or partner comes along.
With the existing data and peer comparison CHM should be easily valued AUD 300m or more if ALA is a guide to go by and as ALA's Baker could raise 10m for still not having anything to show for then Hopper must be able to raise AUD 50m for CHM.
We will soon get an anns or the stock will get suspended from trading.
GLTA
CHM Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
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