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Smokedog

1,840 Posts.

20/08/15

13:06

Post #: 15842533
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Originally posted by turville ↑

I think a lot of readers are missing the point re CHP valuation. If anyone bothered to read the CHP announcement dated 16th July you would have clearly seen CHP acquiring a 40% interest in Digital Star Media for a mere $700k. Now fast forward to today and the announcement of a proposed capital raise to follow with a valuation of $8m for DSM. CHP's investment value in DSM will have effectively risen to $3,2m.Not bad going for a small and until recently, unknown entity in the ballooning technology space. Obviously add VAMP out of the Digital 4ge stable going forward and you have a very potent mix of assets.

Now - take the blinkers of and see the light for the trees and invest.

"Good investment portfolio riddled with relevant high quality and qualified people = SUCCESS"

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Turville, thank goodness you realised this as well, I just made a new thread basically outlining exactly what you just posted.. You beat me by a little bit!

CHP Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
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