It goes without saying or posting a 4-year line chart that a...

It goes without saying or posting a 4-year line chart that a holder who bought (and not sold or traded at any juncture) since IPO hasn't made a motza... and most likely acquired a motza loss. But let's be real here. There is nothing to say that holders aren't also day-traders and swing-traders (making profits), coupled with HC posters who disclose they hold when they may not and vice versa.

In the first 4 days of the company floating on the ASX, the SP rocketed over 100% to above 40c before being thumped down. The IPO price of 20c was never revisited until over a year later. You can't tell me that the sophs who participated in the IPO have all lost money in CHM. Whether some retained free-carried "investments" in order to keep "in-sweet" with the company is perhaps another subject altogether.

The point I was making is that most professional traders of all types and calibre will make a buck regardless of whether a stock's SP or trend is up or down - how many bucks, of course, depends on their capabilities, available funds, and their knowledge of the company. There seemed to have been orchestrated price action during the last quarter of 2023 (evidenced by 3 volatile moves up then down in the SP) before large short positions were reported in January 2024.

As for the only ones making a motza being management, we are talking about individuals who would probably make the same motza working anywhere else in the industry. Besides, all M&Bs make motzas regardless of what the SP is doing or what company they work for.

I'm of the view that publicly traded companies tend to offer salaries, fees, and bonuses that are disproportionately high in comparison to their private sector counterparts. It sucks to witness management and directors receiving substantial compensation and rewards in the face of poor performance. In the case of CHM, though, the issue is not solely one of poor performance necessarily, but rather a performance that has yet to play out in terms of potential. Undoubtedly, the significantly reduced stock price reflects the decisions by traders (who may also be LT investors) to periodically sell the stock down. Those actions may be based on the decisions and performance made by one member of the M&B but also its Top SH whose votes align with Hopper's financial-making decisions as well as the overall state of the sector.

To say that the SP has been in a constant decline suggests that the SP has gone down in a straight line, which it hasn't. Recent comments also infer that no one has profited from the (not-so) constant SP decline other than those in charge of the company. It's not strange to think that professional traders can make a motza in the face of a stock in a downtrend or in the face of a bear market. It's just more difficult (and near impossible for others) given the climate. That's all I am saying. And, if the SP is allowed to rise this year, then the current SP, and offer of free oppies may indeed prove to be a gift down the track. Most just don't know it yet (including myself).