Whats interesting is in the AFR article they have revised the...

Whats interesting is in the AFR article they have revised the valuation of VAMP from $40m to $20m.

CMY currently has 861,927,274 shares outstanding post the recent placement with options. Given the options I feel this would have been to the person involved in the transaction.

$20,000,000/861,927,274 = $0.023.

2.3c would exceed the 2c ASX relisting requirements and therefore a consolidation may not be required.

At 3c it would value VAMP at circa $25.8m. Given the IPO was initially thought to be at a valuation of $40m this would be achievable.

Hence why this could easily have a PSF type run if it is in fact VAMP. All IMO.

Very quick turnaround if it does in fact end up being VAMP. If it is VAMP I will expect a lot of those chunky ask placement sell orders to be pulled on announcement.....We wait and hope. It will run hard I think if its VAMP.