EUR 1.85% 5.5¢ european lithium limited

Its still strange about the lack of value being embedded in eur...

  1. 4,000 Posts.
    lightbulb Created with Sketch. 469
    Its still strange about the lack of value being embedded in eur on asx and eurlif on the lead up before the suspension given the probability profile of large value appreciation once crml lists and gets fully capitalised
    the share price seems to have exhibited near zero chance
    yet here we are
    so two things can happen
    either the asx investors go on rejecting the outlook for eur and continue to sell it around 10-11c
    or theres capitulation and new money in large finally commits to the arbitrage play to more align prospective valuations
    a lot of holders here no long term investors especially in the oppies which seller burden may just continue to weigh down the share valuation until clearing by late march
    despite being a large holder of oas and for a long time now resigned to exercise i think the second outcome of price supression over march to under 15c the most likely outcome here
 
watchlist Created with Sketch. Add EUR (ASX) to my watchlist
(20min delay)
Last
5.5¢
Change
0.001(1.85%)
Mkt cap ! $76.89M
Open High Low Value Volume
5.7¢ 5.7¢ 5.2¢ $65.10K 1.168M

Buyers (Bids)

No. Vol. Price($)
1 95467 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.7¢ 71954 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
EUR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.