This is the first of really aweful news for many penny cobalt/lithium stocks IMO.
I was speaking to a well known resouce analyist recently who said the hype in this sector is just that, hype.
He also mentioned 99% of these hopefuls will not be around within 1 year.
I tend to agree, there could well be a lot of capital destroyed in this area.
AS for RIR, one of the worst dilution i have seen.
Ann: Acquisition of NSW Cobalt Nickel Project, page-18
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Last
26.5¢ |
Change
0.005(1.92%) |
Mkt cap ! $495.0M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.8¢ | 26.5¢ | $1.925M | 7.078M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 67 | 572302 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 850542 | 37 |
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| Last trade - 14.46pm 08/10/2024 (20 minute delay) ? |
| LOT (ASX) Chart |