I bought in as I believed that he had learnt from his mistakes and the better way that RAD and Dr Bec have shown. The sp would have gone above 1c once the 0.8c / 0.5c raise was absorbed. That has now become impossible. He could have raised at 1c or higher and people would have participated.
Only at Coles and Woolworth lower prices are appreciated, not at the ASX.
He has never tried to raise at a higher price, always heavily discounted. That has repelled holders and the market and you can't deny it, the sp at re-open will be at 0.3c / 0.4c and why would anyone participate when the path is clear:
Sp falling down to 0.1c
Consolidation at 1:100, the going down from 10c again to 1c
Has happened so many times, CHM just joining the list.
MC down from 60m to what, 10m, 7m after the raise.
Again, that is not increasing sh value, that is decreasing.
But obviously you and Hopper don't understand simple grade 1 Mathematics.
GLTA
CHM Price at posting:
0.8¢ Sentiment: None Disclosure: Held
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