What I feel is the downside on this stock is minimal & upside is huge .
It may temporarily go back to 3.2-3.5 cents worst case scenario which is 30% below current trading price and upside conservatively can be as high as (500%) 22.5cents based on CLQ market cap comparable logic .
Based on Fundamentals of Supply Demand Economics of Cobalt , Resource availability and production capacity & Management capability this stock ticks all boxes & the upside can be massive .
I remain bullish on this one with low risk in holding long term in comparison to rewards it can reap
Cheers
TG
$20 billion dollars in ground metal value, page-211
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.58M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $2.358K | 262K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 2558585 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 5581918 | 24 |
View Market Depth
| Last trade - 11.08am 23/07/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |