Correct, sold mid 4c, bought a few back and will rebuy some via RI as the upside is just too good to be ignored. BoD dream is dead, the RI killed it. Not enough % to demand it after RI. But that's a 1st world problem, there are other, more important issues to be resolved. Should CHM go on a re-rate run like IMU is having then hopefully I can close the CHM book for good. $ 100m valuation at about 12c after RI, above that is overall green for me, time to sell smaller parcels. Unlikely CHMO will recover before expiry, I have them already written off and replaced by heads to recoup the losses.
Let's see what the RI uptake will be and who gets the possible shortfall. That should determine the sp until end '23.
GLTA
CHM Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
