US investors would look at CRML not EUR as CRML would be the owner of Wolfsberg now, EUR is just another shareholder.
But as mentioned before, someone with deep pockets, would look at the huge disconnect and can easily buy a controlling stake in EUR to control CRML, in fact as mentioned they can buy EUR on the cheap sell off a 10% or even 20% holding in CRML and distribute dividends in EUR and literally have their control shares of EUR for free.
I am not sure why the board did not at the very least do a small share swap or in-specie distriution to EUR shareholders.
Even a 25% of those shares would have taken the current EUR share price up way higher.
Though NAV at the end of the day in EUR's books will be high and EUR undervalued on that basis.
This should take the share price up some what, but if it doesn't then something is totally wrong here and only a buyout may help.
OR they decide to distribute the CRML shares to EUR shareholders.
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