My point is: If we are expecting ASX market to appreciate EUR based on CRML’s market cap, then there has to be a way for the market to validate that valuation.
It shouldn’t be an illiquid, easily manipulated stock. For example, CRML is trading at $12.38
Just one individual can easily manipulate the valuation.. All I need is a trading account and $100 in that account. In seconds that share price will be $15+ when I buy 6 shares.
If this is the scenario, how will anyone take that valuation seriously?
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