Vkyoko
$EULIF $CRML
Because the exchange ratio is officially fixed at 0.045 shares of Critical Metals (CRML) for every European Lithium share, the current price in Australia is already tied to the U.S. stock price. It is very unlikely that European Lithium will experience an independent or massive price spike in its final two days of trading.
In CRML your money will be completely locked up (unable to be sold or withdrawn) from the close of October 27 until the new shares appear in your account, which is expected around November 6.
You stay invested in the business. If you believe the newly merged company will rise significantly on the Nasdaq in the medium to long term, this is the way to benefit from it. Or you miss out on any potential long-term growth from the mining projects (like the lithium deposit in Austria or rare earths in Greenland) under the new consolidated company.
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