There seems to be some posters who want it lower by planting the capital raise seed with $18m in the bank. A CR will happen IMO but not until mid next year, as MMcar2 says that's if it's even needed. I feel we will be above 34c at least when there is a raise which is what George Matcham paid on market in August.
I'm not fussed what the price does between now and early next year plenty of interest coming in to realize what this will could be worth in the next few years. The few cents here and there will hopefully be irrelevant.
We just saw a 3m cross trade at 26.25c, Somebody just made a $900k solid investment IMO, maybe a top20 insider? We will find out soon enough. Also, the seller of 800k at 26.5c was made light work of.
CHM Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
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