CHP 0.00% 0.5¢ chapmans limited

Ann: Chapmans Sucessfully Raises $7.34M, page-39

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  1. 95 Posts.
    lightbulb Created with Sketch. 6
    I must admit this GPU one on the surface seems pretty risky.
    There's alot of wishy washy stuff on their website. As far as I can make they want to or are mining cryptocurrency but also offer data centre services.
    There is no transparency what so ever.
    The claim that 'if crypto currency doesn't work out we'll be a data centre' is dangerous.
    IMO there is not enough information on the company to make any informed decision on whether this is a good investment or not.
    If this were a small investment it might not get too much scrutiny, but it is half the company's market capitalisation !
    In addition company share dilution is eye watering.
    Sometimes things like this work out but most the time it ends in tears.
 
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