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8.8¢ cobalt blue holdings limited

a bit funny, you don’t even know how big is 40k ton of cobalt

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mirage2002

277 Posts.

98

25/03/23

22:10

Post #: 66960532
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Originally posted by quickthinker: ↑

If the banks keep falling over as has been happening lately and the copper, nickel price stays where they are then cobalt will not be recovering for a long while yet. Cobalt is a bi product of copper and nickel which doesn’t help COB. A few big copper mines have just started up and with them comes 40 000 tons of Cobalt. That’s 40000 tons more supply that has to be worked through the system. It’s a wait and see game going forward for all Cobalt companies. Meanwhile Copper and Nickel producers are making good cash and will be producing as much as possible hence dumping more Cobalt o the market going forward. There is no quick fix and that’s just the reality of the situation. Most Cobalt shares will keep retracting share price wise so plan your buying carefully.

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a bit funny, you don’t even know how big is 40k ton of cobalt

COB Price at posting: 33.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.8¢		Change -0.001(1.12%)		Mkt cap ! $37.11M

Open	High	Low	Value	Volume
8.9¢	8.9¢	8.7¢	$8.806K	99.96K

Buyers (Bids)

No.	Vol.	Price($)
1	6663	8.8¢

Sellers (Offers)

Price($)	Vol.	No.
8.9¢	12500	2

View Market Depth

No.	Vol.	Price($)
1	6663	0.088
6	294488	0.087
6	137139	0.086
13	340120	0.085
1	6000	0.084

Price($)	Vol.	No.
0.089	12500	2
0.090	126042	5
0.091	32500	2
0.092	50745	4
0.093	9550	2

Last trade - 10.34am 07/05/2024 (20 minute delay)


Last 8.8¢			Change -0.001 ( 1.12 %)
Open	High		Low	Volume
8.8¢	8.8¢		8.8¢	2055
Last updated 11.03am 07/05/2024 ?

COB (ASX) Chart

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