Of course, declines are never pleasant, but it's important to look at them realistically. TS needed to attract attention and support its stock through various statements in the media – Greenland, Bitcoin.......However, the main goal was to secure cash. TS obtained cash, while the buyer felt like they got a 60% discount.
In my opinion, it was a good decision, and the market reacted naturally. The logical question was: how is it possible that something worth $8 is being sold for $5, resulting in a 60% loss? On the other hand, it was an asset with only theoretical value, yet the market reacted negatively due to the perception of stock dilution and the disadvantageous nature of this move (-60%).
Once the blocked shares are released from collateral, the company will be realistically valued by the market. Looking at its balance sheet, it will be clear that it has $25 million in cash, providing sufficient funds for further growth. Moreover, I believe TS will come up with something within the next 14 days before the collateral is released
![]()
.
- Forums
- ASX - By Stock
- General Discussion
EUR
european lithium limited
Add to My Watchlist
6.56%
!
5.7¢

Of course, declines are never pleasant, but it's important to...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
5.7¢ |
Change
-0.004(6.56%) |
Mkt cap ! $82.37M |
Open | High | Low | Value | Volume |
5.8¢ | 5.9¢ | 5.6¢ | $97.44K | 1.680M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 183899 | 5.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 183899 | 0.057 |
6 | 372244 | 0.056 |
4 | 330555 | 0.054 |
2 | 530000 | 0.053 |
1 | 30000 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 25000 | 1 |
0.061 | 50000 | 1 |
0.062 | 11650 | 1 |
0.064 | 194684 | 2 |
0.065 | 439553 | 5 |
Last trade - 15.59pm 23/06/2025 (20 minute delay) ? |
Featured News
EUR (ASX) Chart |