Obviously any aquisition has value . Acceptance of 10%...

Obviously any aquisition has value .
Acceptance of 10% acquisition at $600,000 with 6 cent shares says to me in layman terms that the seller won't and can't off load the shares profitably until the shares in CHP get above 6 cents.
They obviously believe that will happen . Maybe they plan to hold those shares . I don't know .

Until then, they have sold the 10% stake to CHP for less than half the agreed sale price (todays closing price) . No body would do that unless they had a very reasonable expectaton that the shares will go up in price .

Therefore, it is fair to suspect something is going to happen, and maybe is in the wings already, to cause CHP to increase in value quite substantially towards 6 cents at least .

Not many stocks trade below book value, especially in this market .
If the book value of CHP just went up, then it is fair to say that buying on market at current prices, which are below the pre acquisition book value, is as you say "a no brainer" . That is the easy bit .

Those who buy quickly are probably going to make money quickly .
I would be cautious buying nearer 6 cents though as the seller of the 10% stake may start selling their shares then - but that is a fair way off when the current price is 2.8 cents .

Tomorrow mornings buyers should get the below book value bargain .