CHM 0.00% 0.9¢ chimeric therapeutics limited

what's happening?, page-14

  1. 529 Posts.
    Hi Glyna

    Interesting rumour.

    The decision handed down is open to so much differing interpretation that it would have lawyers jumping with excitment.

    One way that you could calculate is to say well at the time of the transaction

    MMX had x shares and options on issue
    Since that time MMX has issued y shares
    x now represents z% of total number of shares

    You would apply the 24% to z% of all gains including all profits and the gain from Mitsubishi investment which was effectively a 50% sale. CHM will argue the final payment will need to be included.

    That is what gain is attributed to shareholders as at when the dodgy dealings were done. What has this group gained and take 24% of that.

    I cant wait to be told I am dreaming but I reckon this will one of the ways CHM say the gain should be calculated and it doesnt result in a 600k amount.

    The court talks about appointing an expert to do the calculation.

    This has a long way to go.


 
watchlist Created with Sketch. Add CHM (ASX) to my watchlist
(20min delay)
Last
0.9¢
Change
0.000(0.00%)
Mkt cap ! $12.51M
Open High Low Value Volume
0.9¢ 0.9¢ 0.9¢ $7.808K 867.5K

Buyers (Bids)

No. Vol. Price($)
19 4984290 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 323987 4
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
CHM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.