By the time we reach the RIO $10 million kickin it would signify there is a sizeable proven lithium deposit, and that would be reflected in a decent CHR share price way above what we are at today. At that point of time we would still hold 49% and RIO 51%. Doubt RIO would go the next level where they need to kickin the next $30 million to achieve the 75% equity position. By then it would make more sense to have done a takeover for CHR and get 100% ownership. In fact if they do even reach the $10 million kickin point I reckon a takeover would be on the cards leading up to it. Whichever way you cut it, today was good news unless you wanted to CHR to retain 100 % ownership and its current management team
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Last
5.8¢ |
Change
0.002(3.57%) |
Mkt cap ! $4.490M |
Open | High | Low | Value | Volume |
5.8¢ | 5.8¢ | 5.8¢ | $5.8K | 100K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 35684 | 5.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.4¢ | 20000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 35684 | 0.059 |
2 | 143450 | 0.058 |
2 | 4000 | 0.056 |
1 | 9090 | 0.055 |
1 | 300000 | 0.054 |
Price($) | Vol. | No. |
---|---|---|
0.064 | 20000 | 2 |
0.065 | 100000 | 1 |
0.066 | 50001 | 1 |
0.068 | 14000 | 1 |
0.071 | 75000 | 1 |
Last trade - 12.21pm 26/07/2024 (20 minute delay) ? |
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CHR (ASX) Chart |