With BRO up 233% in the last 3 weeks I thought it may be time to...

With BRO up 233% in the last 3 weeks I thought it may be time to revisit CHP. Both own mobile content businesses. BRO market cap $8 million vs CHP $2 million.

I would think CHP looks very very cheap at the moment... could be the next to pop up! See below-

Chapmans Ltd (CHP) trading at 2c vs a 3.4c NTA.

Key investment is one in mobile phone application provider Gambit Holdings… which has agreements with Telstra, Optus, Orange and 3. Once this business model gets traction CHP could be trading much much higher. Current market cap a measly $2 million!

Chapmans Limited is pleased to announce that it has acquired a 25% interest in Gambit Holdings Pty
Ltd for a consideration of $500,000 consisting of cash and shares issued at five (5) cents per share.
Gambit Holdings Pty Ltd supplies content, applications and services to Mobile Telecommunications
Carriers and Mobile Phone users. Gambit Holdings Pty Ltd delivers services in Australia through
Sydney based wholly owned subsidiary, Gambit Group Pty Ltd.
The Australian operations have received a significant increase in revenue over the past year as the
local market embraces the launch of higher speed mobile data networks. Gambit Group offers
services over I-Mode, 3G, GPRS, WAP, and enhanced SMS networks through agreements with
Telstra, Optus, Orange and 3. The company also has agreements with the NRL and AAP.
Gambit Holdings Pty Ltd has established subsidiary companies in South Africa, United Kingdom and
the United States of America, and negotiations are underway to launch the Australian based services
across local networks in each country.
Chapmans holds an option to increase its shareholding to 35% subject to certain conditions being
complied with in the next 12 months.
Further information is available on www.gambitgroup.com.au or by contacting:-
Mr Jerri Biti Mr Dan Lanskey
Managing Director OR Chapmans Limited
Gambit Holdings Pty Ltd 02 9233 6022 or 0408 885018
02 92416630
For and on behalf of
Chapmans Limited