JRV Cobalt, page-346

why would you jump in now ?


the chart shows that there is a big possibility of going lower. add the tepid response to the ann today. could only muster a 5% increases because IMO most of the news of the coming months is known and factored in. (or over factored in)

throw in some macro economic factors that are looming and I'm in full agreement with the research report mondyinvest posted.

"At a market cap of around AUD$780mn, it still appears rather ritzy in valuation despite the fact that it is trading at half its 12-month highs. If it came significantly lower, then it would definitely become a LONG candidate for the Model Resources Portfolio."

yes, significantly lower could spark some interest. time will tell ........