CHM 0.00% 1.6¢ chimeric therapeutics limited

How's the Capital Raise Going to Work?, page-42

  1. 1,154 Posts.
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    Hmmm, @Steini and @dalts66 either of you honorable enough to admit I was right?

    I explained why the L1 facility was not going to work

    And now CHM has to rely on Hopper's "sophisticated" mates only this time they're coming off:

    (a) a string of under-water capital raises across his biotech businesses; and

    (b) CHM's management all but confirming no chance of positive trial progress reporting before year's-end at best (so limited chance to dump on market for a short term profit).

    I'll be seriously impressed if the cap-raise gets away above 4c, and more impressed if the SP doesn't drop below 2c prior to year-end. Almost getting to an existential threat with this one ...

    (and FYI dalts66, the 4c is not an "audited report", its just filled out internally).
 
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