CHM chimeric therapeutics limited
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Help me understand. According to the half yearly, the company...

  1. abitlikeme
    7,639 Posts.
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    18/03/25
    06:32
    Post #: 78302876
    Help me understand.

    According to the half yearly, the company had $5m in cash as at the end of December. At the end of Feb we received another $4m.

    So lets say they spent $1m between Jan & now, that leaves $8m, ie the company's MC.

    Does the market really believe that the company has nothing of value?

    The other thing I'm scratching my head over is the 25m shares issued yesterday at .004. Why when the company has $8m in cash?

    Anyhow i still believe we're about to get news that will push SP much higher.

    CHM Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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