I have been a true die-hard believer in EUR for about 3 years now.
But even I had doubts that the merger would be successful, so I can only imagine most of the market did also. But for a few kind well-informed legends on these threads I have mentioned recently, I could have easily bailed and lost faith many times, selling for a loss or break even. No doubt many of the holders that were not lucky enough to read these well-informed posts, probably bailed along the way - some just days and weeks ago which they will no doubt regret.
Hence there 2 main reasons I believe we have not re-rated so far as follows;
1. The market in general simply did not believe Tony could pull this off and get it over the line, and
2. The market in general assumed that even if Tony did pull off the merger, that CRML would come crashing down 80-90% to meet EUR Market Cap
We have now well and truly covered off the first point. So the only thing left is for CRML to list and hold a good % of its list value. If it does that then I don't see how the market can ignore EUR and not re-rate it accordingly.
It's going to be an exciting few weeks and months ahead.
I am preparing to exercise my OA's (which is just shy of a Sh!tload) just in case the market plays silly buggers in the lead-up to the expiry.
- Forums
- ASX - By Stock
- General Discussion
I have been a true die-hard believer in EUR for about 3 years...
- There are more pages in this discussion • 1,007 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EUR (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.1¢ |
Change
0.001(1.00%) |
Mkt cap ! $71.30M |
Open | High | Low | Value | Volume |
5.0¢ | 5.1¢ | 5.0¢ | $15.11K | 302.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 432390 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 110109 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 452434 | 0.050 |
5 | 535408 | 0.049 |
3 | 55791 | 0.048 |
4 | 71791 | 0.047 |
2 | 41739 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 110109 | 2 |
0.052 | 50000 | 1 |
0.053 | 166017 | 4 |
0.054 | 358361 | 5 |
0.055 | 338183 | 3 |
Last trade - 11.59am 13/05/2024 (20 minute delay) ? |
|
|||||
Last
5.0¢ |
  |
Change
0.001 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
5.0¢ | 5.1¢ | 5.0¢ | 140505 | ||
Last updated 12.09pm 13/05/2024 ? |
Featured News
EUR (ASX) Chart |
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
SPONSORED BY The Market Online