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6.58% 3.6¢ european lithium limited

General Discussion, page-140

  1. Bluegoose
    3,111 Posts.
    lightbulb Created with Sketch. 1422
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    26/02/24
    00:23
    Post #: 72587867
    In my view the market did not believe the merger would actually happen and/or that if it did, the CRML price would crash by 80% or more.

    So all we need now that the merger is effective is for the SP of CRML to hold up once listed and the market will be forced to re-rate EUR significantly. It cannot stay at 10 cents under those conditions, or even 20 cents. If it does, someone will swoop in with a takeover bid.
    EUR Price at posting: 8.6¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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