It's practical for MM to have the majority -:)....and all the...

First 1286 Last

Share
Profile

Follow
Gartenfan

256 Posts.

39

23/05/24

01:58

Post #: 73965065
Share

Originally posted by Cougar1311: ↑

CRML is of no interest to EUR shareholders, regardless of whether it is at $3 or $30.
There will be no alignment of the ASX with the NASDAQ, nor will there be a dividend or CRML shares for the outsourcing of assets.
EUR is a share of small investors, 75% of whom hold their deposits with large banks such as BMP, HSBC, UBS, Deutsche Bank and Commerzbank.

These small investors have no shareholder number and no voting rights at shareholder meetings!
Of the remaining 25% of the total shares, the majority will be held by EUR's management, by individuals, by their own companies or through intermediaries.

Now you might think that the management should be interested in the EUR price rising out of self-interest alone?
But that will require institutional investors to step in and buy large stakes.
This could mean that the majority of shares in management will fall or be lost.
The danger would then be that the incompetent management would be removed.
This would also have a significant impact on CRML, as the majority is held by EUR.
Why should the management have an interest in the EUR price becoming interesting for major shareholders?

Expand

It's practical for MM to have the majority -
....and all the money has been coming from the shareholders for over 10 years, as European Lithium has no revenue yet.

EUR Price at posting: 4.7¢ Sentiment: None Disclosure: Held
2 Upvote

1 Great analysis

Reply

Top Stories

FEX

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

CC9

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

AL8

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

SXG

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

There are more pages in this discussion • 46 more messages in this thread...

First 1286 Last

Add EUR (ASX) to my watchlist

(20min delay)
Last 5.1¢		Change -0.001(1.92%)		Mkt cap ! $71.30M

Open	High	Low	Value	Volume
5.4¢	5.4¢	5.0¢	$41.41K	800.1K

Buyers (Bids)

No.	Vol.	Price($)
5	480223	5.0¢

Sellers (Offers)

Price($)	Vol.	No.
5.2¢	133000	1

View Market Depth

No.	Vol.	Price($)
5	480223	0.050
2	31103	0.049
3	38000	0.048
4	250297	0.047
3	190000	0.046

Price($)	Vol.	No.
0.052	133000	1
0.054	14661	1
0.055	15000	1
0.056	355597	2
0.057	327824	2

Last trade - 16.10pm 19/06/2024 (20 minute delay)

EUR (ASX) Chart

It's practical for MM to have the majority -:)....and all the...

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

It's practical for MM to have the majority -:)....and all the...

Top Stories

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News