actually they look OK especially sweet at .002
In December 2017, CHP appointed blockchain industry expert, Mike Cohen, to assist with blockchain and cryptocurrency investments. The company has since raised capital to invest AU$1m into blockchain loyalty and rewards platform operator, Reffind (ASX:RFN), and US$4m into US-based blockchain finance and trading platform, Securrency Inc.
CHP will be just the second ASX-listed company to move into crypto mining.
In January 2018, FatFish Internet Group’s (FFG) share price soared more than 20% after it announced a US$1 million investment into cryptocurrency mining startup APAC Mining Corp. APAC currently has operational mining sites across Malaysia.
It hasn’t, however, been smooth-sailing for crypto miners in 2018.
Following the recent cryptocurrency sell-down, there has been concern about mining profitability. Experts suggest the Bitcoin price for large-scale miners to break even is currently around US$8000.
Chapmans shares traded at 0.009 cents before the trading halt.
March 26, 2018. Micky.com.au
Ann: Appendix 3B, page-4
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