CHP 0.00% 0.5¢ chapmans limited

Ann: Response to ASX Query Letter, page-6

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  1. 725 Posts.
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    Check out DXN, this is basically what GPU.ONE would REVERT back to if its crypto mining venture deems itself unprofitable, which seems extremely unlikely at current prices given what other peers are raking in revenue wise, such as:

    - Hut8 ($285m market cap)
    - HIVE ($350m+ market cap)

    GPU.ONE has the upside of the crypto mining without having its data centre capabilities priced in if it reverted back, which as we can see is worth a lot. They already have the facilities and setup ready for them; DXN do not and already have a $45m market cap based on that alone.

    With the ASX now releasing the query to market and a new deal being done at this point in time (as stated in point 12) it shouldn’t be too long until CHP is back trading.

    With RFN moving north and blockchain seemingly back in favour, it should be a good week whenever it does come back.
 
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