CHM chimeric therapeutics limited

FFS They just did a capital raise on the back of a $4M gift.Now...

  1. 508 Posts.
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    FFS They just did a capital raise on the back of a $4M gift.

    Now they release news on the basis of 2 patients and raise again shortly after a good announcement.

    2 things:

    1) Have they not learnt that you let the SP run first (at least 3 days) before announcing a CR. They screwed themselves last time with this mismanagement in having to raise at a sub par price? Now it appears that they they are doing it again. Surely this would have run to at least .1 given a another day or 2.

    2) Why would you need to CR twice in the space of about 3 months?

    This company needs new management. They clearly have NFI.

    The therapy is exciting but this is far outweighed by mismanagement.
 
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