![]()
Many spec stocks took a hammering at the prospect of DT leading in the polls. A bit of an over reaction here but a great buying opportunity in my opinion.
AGM tomorrow so perhaps we will see more direction here.
http://www.metal-pages.com/news/story/96326/week-in-review-cobalt-electrifies-lme-week/
"An unseasonably warm first week of November saw sentiment defrost at the LME Week in London as growing metal consumption and impacts of production cuts are expected to inject life into lacklustre markets next year. Speculative interest buzzed around cobalt, with bullish forecasts projecting a $15-20/lb price bracket in the near-to-medium term as supply struggles to catch up with demand for rechargeable batteries for electric vehicles (EV) and energy storage. Buyers were out in the market for long-term contract supply, while several hundred tonnes of cobalt intermediate feedstock were contracted at an increased price ratio against cobalt metal. This year some 10,000/t of cobalt supply has been taken out of the market through closures. More supply set to be lost through attrition as international electronics and battery manufacturers distance themselves from conditions highlighted by NGOs in artisanal mining in the Democratic Republic of Congo."
- Forums
- ASX - By Stock
- CNJ
- cobalt breaks 23,800
cobalt breaks 23,800, page-144
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CNJ (ASX) to my watchlist
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.403M |
Open | High | Low | Value | Volume |
0.1¢ | 0.2¢ | 0.1¢ | $880 | 501.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 43660967 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 44662567 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
32 | 43660967 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 44662567 | 29 |
0.003 | 15046752 | 10 |
0.004 | 8090000 | 5 |
0.005 | 3500000 | 2 |
0.006 | 300000 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
CNJ (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online