HOWEVER distribute some shares then you will see price sky rocket, why would someone not buy a share worth 8.2c when they would be getting free shares worth about 34c (30% CRML and current EUR shares outstanding), yet still having the current shares in EUR?
The price per share of EUR if 100% CRML is distributed goes up to about $1.20 based on current numbers.
Even if 100% is distributed, CRML will still own the Wolfsberg mine, the same way EUR did before, Tony is still the chairman there having about the same amount % shares in CRML as he has in EUR and shareholder of EUR have about the same amount too (roughly 80%) of the share equivalent they did in EUR, BUT at a much higher value, more return and enriching for everyone.
So again not sure why EUR wants to hold all the CRML shares except for what has been mentioned before - to not have dilution in EUR for other projects, work around - distribute 50%! EUR will still have over A$800 million in value
- Forums
- ASX - By Stock
- Ann: Critical Metals Corp. Completes Business Combination
HOWEVER distribute some shares then you will see price sky...
- There are more pages in this discussion • 216 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
4.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.11M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 312845 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.8¢ | 401029 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 312845 | 0.046 |
4 | 650600 | 0.045 |
2 | 32756 | 0.044 |
6 | 356759 | 0.043 |
2 | 31952 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 401029 | 2 |
0.049 | 101000 | 1 |
0.050 | 177605 | 4 |
0.051 | 267596 | 2 |
0.052 | 70000 | 2 |
Last trade - 09.21am 04/06/2024 (20 minute delay) ? |
Featured News
EUR (ASX) Chart |
Day chart unavailable