This is an atrociously disingenuous take. Everyone here knows this stock is a play on geopolitics and essentially functions like an option to be exercised by the powerful players in the west who merely need to drop capex and alleviate a good chunk of their nickel/cobalt supply concerns.
For an entity such as the consortium dropping 3bn capex is nothing. The only question is do they want to do so.
From an investor perspective that's what we're all waiting for, not some short term price fluctuation based on TA while we wait. They either say yes and this skyrockets, or no and this stagnates. While we wait for the answer, no-one's expecting to make money on this thing.
The only topic of discussion that's worthwhile should be about if the answer will be yes, or no.
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44.0¢ |
Change
-0.010(2.22%) |
Mkt cap ! $87.86M |
Open | High | Low | Value | Volume |
44.0¢ | 45.0¢ | 44.0¢ | $12.74K | 28.58K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15213 | 44.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.0¢ | 19504 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15213 | 0.440 |
2 | 26150 | 0.435 |
2 | 40000 | 0.430 |
1 | 1500 | 0.420 |
3 | 44390 | 0.410 |
Price($) | Vol. | No. |
---|---|---|
0.450 | 19504 | 2 |
0.480 | 5000 | 1 |
0.485 | 15000 | 1 |
0.490 | 15000 | 1 |
0.500 | 25000 | 1 |
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