I don't have history here, just a p"d off investor. Lurker, taking things on board. This one made me post.
Gpu.one on Canadian company search shows a holding company and second company. 3 directors for the one we're interested in (incl Anthony Dunlop), and shareholders including Chapmans.
All appears above board and am not implying anything in this post.
Directors are shown as taking a pay cut FY18 compared to '16, still taking what I see as disproportionate to 'returns'.
In work, trading etc it can be hard to separate oneself as the occupant - even part owner - of any position vs the position's accountability etc. How does high conviction investment fit in, are there formal analyses of possible investments by the board and independently? Most of this has been covered by others.
Others have also noted directors' involvement in some specific companies.
So, a million a year to pay directors. That's 500 million share equivalents a year at 0.002 just to pay for them. 1,819,000,000 on issue before these options, with a 48% dilution to come if the Prospectus is approved.
Will the options get in the money? What sort of investment can CHP make that's so lucrative in the current climate that many/any of us would recoup losses in a reasonable timeframe?
Who has confidence to buy? Surely it can't go down much more?
DYOR, then do more. Unlike me.
CHP Price at posting:
0.2¢ Sentiment: Sell Disclosure: Held