If a decent sized company or fund values CRML at anywhere near the current valuation, then EUR should be taken out at say double the current price.
An A$200M buyout should be a bargain - if they had faith in CRML valuation.
Given that this has not happened, it's hard to see why CRML continues to trade as high, and EUR continues to trade as low. One of them (or both of them) by default should be trading at different levels, otherwise why is there not some huge arbitrage play?.
They can have my shares at 15 cents and options at 7.5 cents if they want. Multiples less than what I had dreamed of but I'd take that deal tomorrow!!.
But it does not appear to be forthcoming unfortunately and I will take a bath on the options.
- Forums
- ASX - By Stock
- General Discussion
If a decent sized company or fund values CRML at anywhere near...
-
- There are more pages in this discussion • 394 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
0.000(0.00%) |
Mkt cap ! $71.30M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 133000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.051 |
5 | 480223 | 0.050 |
2 | 31103 | 0.049 |
4 | 338000 | 0.048 |
4 | 250297 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 133000 | 1 |
0.054 | 14661 | 1 |
0.055 | 15000 | 1 |
0.056 | 355597 | 2 |
0.057 | 327824 | 2 |
Last trade - 09.52am 20/06/2024 (20 minute delay) ? |
Featured News
EUR (ASX) Chart |
Day chart unavailable
The Watchlist
CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
Previous Video
Next Video
SPONSORED BY The Market Online