Why would someone buy more stock when their original holding is a free carry from selling parts at long ago high prices and the last purchase was done when people like you were saying that it was all over and a liquidator was coming in.
Its all upside from here.
Its interesting you say that they will get no money from Grimaldi.
Hsve a look at recent announcements about what the now former directors ongoing role is. Pursuit of Grimaldi.
So remaining board with CFE backing to build value from mining and the bloodhounds left to chase Phil.
My bet is that they will bankrupt him if he doesnt come to the table and then its hand your passport over Phil. Report to your trustee Phil.
For someone who made so much from MMX I betting it will be easier to write a cheque out and make them go away because as the history of CHM shows these people never give up and never goi away.
CHM Price at posting:
19.5¢ Sentiment: None Disclosure: Held
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