Thanks for laying that all out for us. Excellent. My better half...

First 15 Last

Share
Profile

Follow
philips

591 Posts.

38

09/02/18

21:34

Post #: 30959491
Share

Originally posted by Dodgers ↑

Massive deal for CHP with a 10% stake in Securrency, listing at a minimum valuation of $50m USD on the TSX

$1m raised @ a premium to the current share price to fund this investment + further working capital

It says it is looking for an RTO on the TSX at a SIGNIFICANTLY HIGHER VALUATION than the current $50m valuation - what does that mean? Double would mean a $10m USD value for CHP for this investment

Deal is worth $4m USD/10% which means CHP is effectively getting 2% ownership upon completion of there performance rights/obligations

Attached are some of the key points I’ve screen shot, take note of the last one in particular which is the white paper I signed up and found for the London Football Exchange

London Football Exchange is listing at a valuation of $350m USD ALONE, with Securrency owning a ‘significant stake’ in LFE - for now we must contemplate what a significant stake entails?? I would say greater than 20% given the language used, which would mean LFE is worth $70m upon listing alone to Securrency and a further $7m worth of value for CHP

Securrency - $5m USD value MINIMUM on a $4m USD investment (other peers in the same space are worth $150m+ so we wait to see) they go on to say they are going to list at a SIGNIFICANTLY HIGHER VALUATION THAN $50m.. what does that mean for the valuation? Double it’s current value? That would mean $10m USD value for CHP

London Football Exchange (minimum 20% holding IMO) - $7m USD value MINIMUM for CHP, given they are floating @ a $350m valuation as a coin

This deal is massive for CHP when you consider what they already have in store:

39.25% investment in 20Four worth $8.42m

20% investment in RNL currently worth $2.1m on a $600k investment

RFN investment currently worth $1.35m

Securrency 10% investment currently worth around $12m AUD to CHP at the significantly higher valuation

London Football Exchange investment, part of Securrency investment, currently worth $8m+ AUD for CHP

50% MJLS investment cost $600k+ USD, with a 25% convertible note for Aunt Zelda = massive $$

80% of SynDynamics already with CSIRO approval + 50/50 JV on 10k MTPA of waste in PNG = massive $$

Seems a $30m+ total valuation for CHP without further upside attached to the figures would be a ballpark figure for this company at present .. a very significant discount to the current $16m market cap

All IMO / DYOR

Expand

Thanks for laying that all out for us. Excellent. My better half had a read of the Securrency website and she said "this is going to be huge". I hope it all comes together for all holders

CHP Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

HotCopper Highlights: Your most watched stocks for Week 46, 2024

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

There are more pages in this discussion • 23 more messages in this thread...

First 15 Last

Add CHP (ASX) to my watchlist

Thanks for laying that all out for us. Excellent. My better half...

Top Stories

Banshee's historic trenches prove rich in antimony and gold for GDM

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

Cyclone signs MOU with Vale for development of Iron Bear play

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

HotCopper Highlights: Your most watched stocks for Week 46, 2024

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks