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2.9¢ european lithium limited

Ann: Critical Metals Corp. Completes Business Combination, page-69

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Aryam3r

27 Posts.

01/03/24

15:06

Post #: 72697742
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Originally posted by Ddog157: ↑

He’s using the exercise price of 18c to say they are overvalued which they are at 1.5c or whatever.

But you can buy approx 5-6 x the amount of shares compared to heads so the leverage is huge.

No rule to say they have to be converted either. They could be used solely as a leverage or trading play.

And if they are many multiples of 18c in a years time then you come out way in front. That’s where the 300 days comes in which you are correct.

EUROAs are shot to pieces at present unless a minor miracle occurs in the ST, so B’s are really the only play as far as leverage goes anyway.

Risk v reward at end of day.

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Agree Ddog your making sense our friend techspec simply downramps buys low day trades and makes a quick profit thats his game and its become very evident a fox in the henhouse as they say.

Last edited by Aryam3r: 01/03/24

EUR Price at posting: 8.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.9¢		Change -0.002(6.45%)		Mkt cap ! $40.54M

Open	High	Low	Value	Volume
3.0¢	3.1¢	2.9¢	$22.26K	745.6K

Buyers (Bids)

No.	Vol.	Price($)
8	324515	2.9¢

Sellers (Offers)

Price($)	Vol.	No.
3.1¢	37210	2

View Market Depth

No.	Vol.	Price($)
8	324515	0.029
2	55714	0.028
2	237073	0.027
1	134000	0.026
3	50000	0.020

Price($)	Vol.	No.
0.031	37210	2
0.032	224375	3
0.033	163227	2
0.034	370652	3
0.035	87520	1

Last trade - 15.52pm 06/11/2024 (20 minute delay)

EUR (ASX) Chart