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8.05%

9.4¢ cobalt blue holdings limited

The story is good and absolutely love it... but can we compete...

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Banana1234

472 Posts.

32

17/04/24

21:19

Post #: 73395825
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Originally posted by quickthinker: ↑

I reckon 5 cents is a more realistic target with the huge oversupply of Cobalt until 2028 at least. There is no way an Australian Cobalt mine can compete against China Cobalt production. Have you looked into the production numbers coming out of Chinese mines from the Congo and Indonesia.
They have upped supply and production of 62% in one year.
Even Glencoe have slashed production and have been relegated out of second place in supply terms.

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The story is good and absolutely love it... but can we compete with Indonesia and Congo???
Market cap is 53m now.. how low will it be??

COB Price at posting: 14.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 9.4¢		Change 0.007(8.05%)		Mkt cap ! $39.64M

Open	High	Low	Value	Volume
8.8¢	9.4¢	8.7¢	$69.89K	788.9K

Buyers (Bids)

No.	Vol.	Price($)
2	105753	9.0¢

Sellers (Offers)

Price($)	Vol.	No.
9.4¢	92151	2

View Market Depth

No.	Vol.	Price($)
2	105753	0.090
2	121072	0.089
3	97433	0.088
2	30000	0.087
3	169639	0.086

Price($)	Vol.	No.
0.094	92151	2
0.096	42111	2
0.098	10000	1
0.099	104567	2
0.100	30000	2

Last trade - 16.10pm 09/05/2024 (20 minute delay)


Last 9.2¢			Change 0.007 ( 5.75 %)
Open	High		Low	Volume
8.8¢	9.3¢		8.7¢	323780
Last updated 15.59pm 09/05/2024 ?

COB (ASX) Chart