EUR 0.00% 3.7¢ european lithium limited

Ann: CRML Presentation, page-42

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  1. 200 Posts.
    lightbulb Created with Sketch. 81
    Ok. What am I missing?
    If
    "European Lithium holds 67,788,383 ordinary shares in CRML which represents 83.03% of the issuedcapital of CRML. Based on the closing share price of Critical Metals being US$10.00 per share as of 6May 2024, the Company’s current investment in Critical Metals is valued at US$677,883,830"
    Then how come EUR has a market cap of only Aus$70m? Shouldn't this be a raging buy?
 
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