Hey theraven, so with the spunout subsidiaries, what do you think is the BOD's end game there (re: EUR)? I am fully aware of the games that this circle of directors (and their immediate circle/entourage) are infamous for (I got a neat map of all the linked directors, friends, associates, distant relatives on my wall where I monitor movement of funds, issued shares, services, roles and influence), however sometimes it is hard to see the end game with newer development, i.e. with EUR spun out of CLE then Critical Metals Holdings (CRML) IPO-ed out of EUR... at NASDAQ, however the share allocation for the new IPO-ed company is only planned to be released to EUR holders within 8-10 months from listing (basically dividends distribution but in CRML shares), to prevent CRML from crashing upon listing (logical and commonly acceptable practice).
I am trying to mitigate risk here and time my exits before the music stops, as I have done with moderate success in the past and present with CUF/CLE/DLC/CXU/FEL/MOM/EUR.
Do you think that once EUR succeeds to IPO CRML, the BOD/entourage will sell into the newly listed high-MC company effectively cashing-in the EUR-sold project leaving a NASDAQ shell behind for SZZL and an 'share price scraps' to be devoured by EUR shareholders eventually selling their allocated CRML shares (~9 months from IPO) with EUR BOD and the associated entourage re-buying back into CRML's the dumped shares of the EUR holders to gain a majority or at least a significant part of CRML entity with the money made from the IPO?
Or...is this a scheme where proceeds from IPO are re-injected into the Mt Anketell tenements (that some know so so very well) for eventual flip, again. Or maybe re-injected back into EUR's Ukraine's lithium assets or EVR/Austrian Assets...Hmm we should always try and think a few steps ahead, as the land of retail share trading is rife with questionable (and often lazy) transfer of wealth practices especially in these muddy waters of SPACs, M&As and IPOs.
I've seen enough of retail holders kicked to the kerb to be left holding bags, especially in the Small Caps sector, especially in the companies listed above (plus some). I always try to look at the points of wealth transfer and I can't quite see through this one. If this was any other company and any other BOD, I would not be so suspicious but I have seen various schemes time and time again, so I wonder how will this EUR and CRML IPO scenario play out, one thing is certain though - this BOD will not leave themselves unrewarded.
@BRProject @jefferies2 @rdncoic you guys are all on various polar opposite ends of the spectrum so I'll add @thewhitekiwi over here as a moderator. Anyways, I am certain this will get moderated so cherish my musings whilst this is up.
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Hey theraven, so with the spunout subsidiaries, what do you...
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Last
5.5¢ |
Change
0.002(3.77%) |
Mkt cap ! $60.15M |
Open | High | Low | Value | Volume |
5.3¢ | 5.6¢ | 5.2¢ | $46.88K | 864.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 145827 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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5.5¢ | 112966 | 2 |
View Market Depth
No. | Vol. | Price($) |
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2 | 145827 | 0.053 |
1 | 100000 | 0.052 |
1 | 500000 | 0.051 |
1 | 100000 | 0.050 |
1 | 200000 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 112966 | 2 |
0.056 | 100000 | 1 |
0.057 | 650000 | 3 |
0.058 | 114655 | 2 |
0.059 | 126157 | 3 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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