Exchange: OTC·Updated 12:56 PM EDT

EULIF European Lithium Ltd

$0.3253
$0.0043
(1.30%)
Today
Mkt Cap$566.85M
Vol1.98M

About EULIF

European Lithium Ltd. is a mining exploration and development company. It focuses on the Wolfsberg Lithium project. The company was founded on March 10, 2010 and is headquartered in West Leederville, Australia.
32

Bearish Sentiment

How do you feel about EULIF?

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 In CRML your money will be completely locked up (unable to be sold or withdrawn) from the close of October 27 until the new shares appear in your account, which is expected around November 6.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.
8
choconou
$EULIF There is with shares, options , warrants, zepos 147.1+13.7+7.6+12.4=180,8Millions crml shares and 1739.6+255.4+300=2 295 Millions eur share after merge we will have 180.8+2295*parity With fixed assets A , value of eur share is parity*A/(180.8+2295*parity) = A/180.8/(1/parity +12.6) so value vary as 1/(1/parity +12.7) for 0.045 1/(1/0.045+12.7)=0,0286 0.025 1/(1/0.025+12.7)=0,019 so 1-19/28.6 =33.6% less part of total crml after merge with 0.025 . if crml go from 8$ to 16$ , value of share go from 1/(1+12.7*0.045)=0,636 to 1/(1+12.7*0.025)=0,759 so 16% of rise is mechanical effect of reduction of dilution by eur merge. for a 10% rise , 8.4% is the rise induced by market forces ans 1.6% the extra rise from eur merge . and it’s the same in case of fall 16% of the fall if stock is due to effect of variable parity . So there is an amplification of 1/0.84=1,19 of natural move of stock . a little more volatility before merge.
1

Advertisement|Remove ads.