By the time we reach the RIO $10 million kickin it would signify there is a sizeable proven lithium deposit, and that would be reflected in a decent CHR share price way above what we are at today. At that point of time we would still hold 49% and RIO 51%. Doubt RIO would go the next level where they need to kickin the next $30 million to achieve the 75% equity position. By then it would make more sense to have done a takeover for CHR and get 100% ownership. In fact if they do even reach the $10 million kickin point I reckon a takeover would be on the cards leading up to it. Whichever way you cut it, today was good news unless you wanted to CHR to retain 100 % ownership and its current management team
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Last
8.6¢ |
Change
-0.003(3.37%) |
Mkt cap ! $6.658M |
Open | High | Low | Value | Volume |
8.7¢ | 8.7¢ | 8.6¢ | $1.721K | 20.01K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 15882 | 8.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 14283 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15882 | 0.085 |
3 | 41596 | 0.084 |
2 | 54049 | 0.083 |
1 | 2620 | 0.082 |
2 | 102464 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 14283 | 1 |
0.090 | 81840 | 1 |
0.092 | 110647 | 3 |
0.093 | 43329 | 1 |
0.096 | 10000 | 1 |
Last trade - 10.16am 02/09/2024 (20 minute delay) ? |
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