CHP 0.00% 0.5¢ chapmans limited

Chapmans - What we Know (#2), page-21

  1. 1,840 Posts.
    An important point to consider IMO

    Now that we have consolidated and are now trading at 2c, each pip is only a 5% increase/decrease in our share price, compared to the old CHP which would see us swinging much more than that on a daily basis when volume was higher. With a total of just over 300m shares on issue (cashed to the gills) currently and a tightly held register with only:
    - RFN currently on market
    -- AND STILL --
    - 20FOUR to launch and list
    - ASD to list
    - FSG to list
    - COL to list
    - VAMP to list

    With COL being CHP's subsidiary and effectively it's own seperate investment vehicle, the majority of deals will be made through here and thus needing a fair bit of cash, dependant on the success/launching of their own investments. Dilution will be offset from CHP as COL will be raising its own money to fund these deals. I don't think that means that we won't be having our own seperate deals though (like 20four and our extra investments on top of deals made through D4 and COL)

    Optimal shares on issue IMO will be around this current 300m share mark to 400m, considering we have 90%+ of our companies investments coming to fruition next year and a fair wad of cash in the bank with 150k+ of fees a month rolling in also.

    Currently trading at 2.1c with a M.C of roughly 5m and a recent valuation 5x that figure (quoted in ASX release)
 
watchlist Created with Sketch. Add CHP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.