World Chess Share Price (CHSS)

Company burns through cash and probably cash raised in the last placing is almost exhausted.

Looks like another discounted share placing is due any day now and will totally wipe out any remaining holder. I cannot see how the company can continue as a going concern.

They need a wealthy benefactor that has more money than sense and use this outfit as a play thing. The company is never going to make an income higher than its expenses so it will never be able to keep its listing. Could be the last raise before it goes private. When a company can no longer raise more cash by selling its shares it's always going to delist. Just a matter of time before that announcement but perhaps one last raise?

It does not have much cash left and will obviously do a placing. Gosh with a discount coming at what price will they sell shares? The trouble is the share price is so low they will have to sell more and more shares, raising less and less for those shares wiping out any holder here. This could delist at any time. There is zero money in chess. Sorry guys. Poor company. Anyone who has ever bought in here has been wiped out and the wipe out is still not over. AVOID

Plenty of spikes here so lots of chances to sell for a freeroll. It was always a small punt here for me and I have no risk myself. This might easily double if they can raise a few million. A risky punt or what!

It took 6 years but I can says as of today my claim that the share price was to high and it should be 1/10th the price has been fulfilled.

Disaster of a company. They say 25% of subscribers come from India. Now how much do they pay? I know in India they pay pennies to watch a cricket game and no doubt its a similar amount here and why the company has more expenses than income.

Delisting is big possibility here. Anyone who invested here has lost money. Cash is almost gone and a placing is coming. I got this one spot on..

Oh dear.