CRR 14.3% 0.8¢ critical resources limited

Ann: Proposed issue of Securities - 4CE, page-14

  1. 15,732 Posts.
    lightbulb Created with Sketch. 453
    Kevin what are your thoughts on why 4CE picked this up instead of Alara? Alara have $100m to spend and they don't need it all for AlHadeetha, and it was no secret that for the last 5 years they had shown interest in acquiring it as part of its portfolio.

    Why would 4CE want to buy a project that even SAV were not positioned to develop, when Alara is sitting there loaded with cash, its own mining services company, engineering team etc ?

    I can't work this transaction out at all and would welcome any points of view
 
watchlist Created with Sketch. Add CRR (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
0.001(14.3%)
Mkt cap ! $13.35M
Open High Low Value Volume
0.8¢ 0.8¢ 0.8¢ $12.14K 1.607M

Buyers (Bids)

No. Vol. Price($)
12 14486550 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 2428800 15
View Market Depth
Last trade - 12.52pm 01/07/2024 (20 minute delay) ?
CRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.