1Semana·

Current situation

$EUR (+36,5 %) has just experienced a small share price explosion, and the company has also announced that it is carrying out a share buyback. The reason for this is the current allegedly significantly undervalued share price. What are your thoughts on this?

1 Comentario

Linderw0rld@Linderw0rld

Yes, a lot has changed compared to 2 years ago. But even 2 years ago, 100 million shares were bought back, which caused the share price to rise sharply for a short time. However, this rise was not sustainable at the time. They currently own 80% of Critical Mines, which in turn mines rare earths in Greenland. Hence the hope and CRM is valued significantly better than EUR.
At the moment, however, they are not mining anywhere and earning money, so I have taken my investment out with a 200% plus and am staying in with the rest.
I still consider it a high risk stock.

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