CMQ 0.00% 8.3¢ chemeq limited

very little chance of anything saving shareholders imho....very...

  1. 1,347 Posts.
    very little chance of anything saving shareholders imho....

    very few companies listed have cash burn rates as high as cmq. the product was very promising but they had years to commercialise it. the writing was on the wall for a long time.

    dont let me stop you in your endeavours, but i have no idea how you can get blood out of a stone. cmq owe the bondholders $60 mill and they got less than $20 mill in cash i think. maybe they should go to the casino and try to get on a roll with roulette, may be the best chance they got of salvaging the business......
 
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Currently unlisted public company.

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