In my view the market did not believe the merger would actually happen and/or that if it did, the CRML price would crash by 80% or more.
So all we need now that the merger is effective is for the SP of CRML to hold up once listed and the market will be forced to re-rate EUR significantly. It cannot stay at 10 cents under those conditions, or even 20 cents. If it does, someone will swoop in with a takeover bid.
In my view the market did not believe the merger would actually...
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Last
5.2¢ |
Change
0.003(6.12%) |
Mkt cap ! $72.70M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 5.2¢ | 4.8¢ | $27.83K | 558.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 127450 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 54162 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
5.1¢ |
Change
0.003 ( 2.00 %) |
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| Open | High | Low | Volume | ||
| 4.8¢ | 5.1¢ | 4.8¢ | 101390 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| EUR (ASX) Chart |
