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Omegaman48

1,072 Posts.

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27/02/24

18:44

Post #: 72627228
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Originally posted by Bpharma: ↑

Its still strange about the lack of value being embedded in eur on asx and eurlif on the lead up before the suspension given the probability profile of large value appreciation once crml lists and gets fully capitalised
the share price seems to have exhibited near zero chance
yet here we are
so two things can happen
either the asx investors go on rejecting the outlook for eur and continue to sell it around 10-11c
or theres capitulation and new money in large finally commits to the arbitrage play to more align prospective valuations
a lot of holders here no long term investors especially in the oppies which seller burden may just continue to weigh down the share valuation until clearing by late march
despite being a large holder of oas and for a long time now resigned to exercise i think the second outcome of price supression over march to under 15c the most likely outcome here

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I do think that it will also depend on what happens on the NASDAQ …. If the stock does well and holds say $11-$15 that will definitely put the cats amongst the pigeons

EUR Price at posting: 8.6¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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