There was solid demand for the 0.8c CR too. Some of them managed to sell on Thursday, maybe some who got invited for the 0.4c raise sold too. The quick sell out points to the likely hood that some had been informed as usual. Of course, no proof for that but that's how it works behind the curtains.
IMU getting hammered as most see the writing on the wall there too. CHM expected to open 0.4c / 0.5c. Like the 0.8c participants, maybe a few of you guys may be able to sell at 0.5c but has nobody of you considered that the sp is most likely to drop further as the Hopper / CHM history shows? Instos sell below the CR price when free tradable oppies are issued. And how likely can those be sold when added to the CHMO pool? Dalts himself considers the oppie conversion as not helpful and yet Hopper issues more and more.
I bought in on Thursday as I was convinced, he would act like "ThePig" has described and I told everyone here on HC who suspected a CR to follow that that would be insane and unlikely and yet, Hopper just did that. He remains the "Discount-King", welcome amongst Coles-Shoppers but feared amongst SH.
Let's see how your 0.4c investment will turn out.
GLTA
CHM Price at posting:
0.8¢ Sentiment: None Disclosure: Held
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