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
6.0¢ |
Change
0.011(22.5%) |
Mkt cap ! $86.71M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 6.5¢ | 5.0¢ | $809.7K | 14.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1200456 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.1¢ | 180000 | 2 |
View Market Depth
| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| EUR (ASX) Chart |