turville, be very careful that you do not mislead people with your comments. if chm has been served with a statutory demand, then that is very serious (if it is true then they have failed on continuous disclosure again as well). it is only one step away from liquidation (and a procedural one at that). you also have no basis to claim the litigation funder will pay this outstanding bill. that is not usually how they work and even if they do it, then it will come at a very heavy price with respect to what is left for shareholders in event of a win. this is the most disturbing part of chm's inadequate continuous disclosure record. no one knows how much of any future win would actually flow to shareholders. 1 cent is not a bargain, it is now even even a bit of a flutter, it is just a waste of money imo.
CHM Price at posting:
1.0¢ Sentiment: Sell Disclosure: Not Held
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