EUR european lithium limited

Of course, declines are never pleasant, but it's important to...

  1. 10 Posts.
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    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 .

 
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(20min delay)
Last
5.6¢
Change
-0.005(8.20%)
Mkt cap ! $80.93M
Open High Low Value Volume
5.8¢ 5.9¢ 5.6¢ $81.34K 1.400M

Buyers (Bids)

No. Vol. Price($)
4 311530 5.6¢
 

Sellers (Offers)

Price($) Vol. No.
5.7¢ 150000 1
View Market Depth
Last trade - 13.46pm 23/06/2025 (20 minute delay) ?
EUR (ASX) Chart
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