EUR european lithium limited
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Anyone currently know what the 30 day average for CRML shares...

  1. LivithiuM
    217 Posts.
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    03/05/24
    07:21
    Post #: 73641728
    Anyone currently know what the 30 day average for CRML shares are?

    We are past 60 days and as far as I am aware the GEM pipe could be used but its' share purchase price is dependent on the 30 day average share price. You would assume the GEM agreement for 125 million worth of shares at a 10% discount to the 30 day average CRML price would have an affect on the CRML share price IF it was drawn down. But I would be interested to know what the 30 day average is to see what the share purchase price would be for GEM.

    It still baffles me that this deal is available yet the EUR market cap is so ridiculously low ~71million AUD. If I was a shrewd businessman, I think I would not draw down this facility until after the new options were finalised on the 10th May.
    EUR Price at posting: 5.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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