CHM chimeric therapeutics limited

ALA now ~5x the market cap of CHM.It makes no sense!ALA are...

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    ALA now ~5x the market cap of CHM.

    It makes no sense!

    ALA are still at the pre-clinical stage. IMU have their own CD19 directed off-the-shelf cell therapy, close to starting a registrational trial. They don't have an urgent need for ALA.

    Meanwhile CHM have multiple CAR-T and NK cells in clinical trials, with more novel targets in the pipeline.

    Why such a huge mismatch? I know CHM is far more expensive to run. But that is the nature of clinical stage cell therapy companies. Is the value of ALA all down to it's manufacturing IP?
 
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Mkt cap ! $8.060M
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0.4¢ 0.4¢ 0.4¢ $50.77K 12.69M

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Last trade - 15.15pm 25/06/2025 (20 minute delay) ?
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