Australia's largest stock trading and investment forum Australia's #1 stock forum

CHM

Click for more information

7.41%

2.9¢ chimeric therapeutics limited

He's probably personally run out of his own capital as he's been...

First 296 Last

Share
Profile

Follow
shemara

382 Posts.

75

03/06/22

12:58

Post #: 61803097
Share

Originally posted by Steini: ↑

Would like to know how much Alto Capital / Tony Locantro has already spent / will spend across these mentioned stocks. It needs to be considered that Alto has participated in those stocks's IPOs and / or CRs, that's where the " love " for those stocks comes from. But independent of that, I agree with him on the " over sold " comments.

With just $ 1-2m he could fire up the sp or absorb a lot of the limited number of " free " shares. Let's say he grabbed 10m shares of the estimated 50m made available shares willing to be sold from the total of 305m it could trigger a fast rise to 30c once the tide turns. Would like to join him now but will wait for a lower sp if CHM becomes subject of tax selling until the end of this months. Regarding the pipeline status and progress made at about 50-60m fully diluted MC and 23m cash at hand it is a much better risk / reward play than my favourite IMU from current level.

GLTA

Expand

He's probably personally run out of his own capital as he's been buying from top. I'd say he's 40-60% in the red as are a lot of retail who didn't sell last year.

CHM Price at posting: 11.0¢ Sentiment: Sell Disclosure: Not Held
4 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 397 more messages in this thread...

First 296 Last

Add CHM (ASX) to my watchlist

(20min delay)
Last 2.9¢		Change 0.002(7.41%)		Mkt cap ! $24.70M

Open	High	Low	Value	Volume
2.7¢	2.9¢	2.7¢	$29.67K	1.052M

Buyers (Bids)

No.	Vol.	Price($)
5	1244640	2.7¢

Sellers (Offers)

Price($)	Vol.	No.
2.9¢	250971	2

View Market Depth

No.	Vol.	Price($)
5	1244640	0.027
4	718000	0.026
5	640000	0.025
9	1406666	0.024
7	2349207	0.023

Price($)	Vol.	No.
0.029	250971	2
0.030	301388	4
0.031	448571	3
0.032	1550000	3
0.033	273448	4

Last trade - 16.10pm 02/05/2024 (20 minute delay)


Last 2.8¢			Change 0.002 ( 3.70 %)
Open	High		Low	Volume
2.8¢	2.9¢		2.8¢	485139
Last updated 15.21pm 02/05/2024 ?

CHM (ASX) Chart