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1.19%

8.3¢ cobalt blue holdings limited

Chart - the tide is about to turn?, page-2

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Egreig

842 Posts.

77

23/11/20

17:33

Post #: 49078061
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Originally posted by tongaface: ↑

Sentiment in battery metals (see lithium stocks as of late) is really starting to pick up now as EV/battery demand previously hyped back in 2017/2018 is actually coming to fruition. See below EV sales statistics from JP Morgan yesterday. Global EV penetration last month was almost 12% with 1 out of 5 new car sales in Germany, France, Spain, Italy and the UK being EVs. Only a matter of time until the market turns it attention to cobalt once its done its thing with lithium.

COB at these levels is crazy cheap given they are cashed up ($8m) and well placed to take advantage of the upturn in sentiment with a tiny market cap of $23m or $15m EV.

Chart is also primed as it has been coiling like a spring for the past 18 months so would not be surprised to see a sustained breakout soon.

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thank you for this TA @tongaface, I think as LT SH we are all really very excited to see what unfolds come 2021

COB Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.3¢		Change -0.001(1.19%)		Mkt cap ! $35.06M

Open	High	Low	Value	Volume
8.2¢	8.8¢	8.2¢	$26.88K	315.0K

Buyers (Bids)

No.	Vol.	Price($)
2	219999	8.3¢

Sellers (Offers)

Price($)	Vol.	No.
8.8¢	62861	2

View Market Depth

No.	Vol.	Price($)
1	19999	0.083
2	201402	0.082
5	160250	0.080
1	100000	0.079
3	91410	0.078

Price($)	Vol.	No.
0.088	62861	2
0.090	169105	1
0.091	70000	1
0.092	50870	2
0.093	47442	1

Last trade - 16.10pm 14/10/2024 (20 minute delay)

COB (ASX) Chart

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