I agree with you Miningnut. Its all about the cobalt price IMO. Absolutely nothing else is going to provide a catalyst to the SP regardless of previous comments. No white knight is going to look at this company (debt or equity) until the fundamentals improve. SP could still get cheaper. Glad to have listened to Mr Market and sold a third of my holding in the mid 20's. Should have gone harder in retrospect. Why someone would 'back the truck up' on this stock in this obvious technical downtrend, when there are so many other 'less murky' opportunities on the ASX, puzzles me. For me, JRV is useful as a capital loss. With some vague hope the cobalt price recovers before June 30. Its a hold for no other reason.
I agree with you Miningnut. Its all about the cobalt price IMO....
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Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $37.83M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.2¢ | $54.34K | 4.198M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 5270697 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 1005312 | 5 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| JRV (ASX) Chart |