CLA - Cobalt related news, page-3180

May be, may be not.

Another question to ask is who stepped in to do the buying back in December & a second question is why?

Can't be too many mum & dads as they are so jaded with management.

Approx 20m exchanged hands. The bulk from George & entities to who.....

The recent T20 indicates that it went to funds / nominees - so right now no idea of buyer or intent.
(JP Morgan went up 9Mill approx)

If it was an exit with no buying the price would have fallen much, much further as the buy side had only (from memory 6 to 8 mill).

Yet somebody sees value at where it is.

Not much above cash value at the moment, limited downside..

A project would get us ignited/ excited for a bit of movement.

Can the current management deliver. I hope so.

Might be worth a position for a trade (or god forbid averaging down