We will exercise warrant or acquire at market. It's really a no brainer and we do it all the time. Warrants and options are part of our risk management, it doesn't diminish my intent of being CRML shareholder.
In fact, even if we acquire at $10 per share, we have sold and de-risk at $8 per share if/when we forecast that we could eventually acquire at $6 per share, give or take. Just an example. The thing to take note here is no matter how we trade our stock, we are a part of it - the vision and company story - we're invested - always holding on to some shares even if unloading 75% holdings and then reacquiring at a better price... ultimately the goal to increase shareholding if able without having to fork out additional capital.
We could do that so long as we are at arms length away. My team have learnt their mistakes in their youths , some have experienced bankruptcy themselves and clawed themselves back up to riches, they are well experienced. We will be fine.
I do hope Tony has the right people surrounding him right now. I know how difficult and isolating it is, and it's a tough gig raising capital, it's a talent and a curse. His ringing the bell can't come soon enough to stick up a finger to his detractors and naysayers, I'm looking forward to that!
- Forums
- ASX - By Stock
- EUR
- Ann: Voluntary Suspension Extension
Ann: Voluntary Suspension Extension, page-17
-
- There are more pages in this discussion • 107 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EUR (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $41.94M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 635000 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.039 |
2 | 50000 | 0.032 |
6 | 514999 | 0.031 |
11 | 593953 | 0.030 |
4 | 264654 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 35000 | 1 |
0.030 | 535000 | 3 |
0.031 | 107160 | 2 |
0.032 | 474862 | 4 |
0.033 | 142227 | 1 |
Last trade - 09.33am 01/11/2024 (20 minute delay) ? |
Featured News
EUR (ASX) Chart |
Day chart unavailable