Yeah 3s if lucky. With no project and only a cash burn to look forward to, it’ll trade at less than cash backing so I suspect it could drop to sub-$9m or 1.2c.
Unbelievable that what was once believed to be a viable and world class project could end like this. The break even was $40k/t and few could have expected the cobalt bubble to pop so furiously so there’s no one really to blame. Damned if you do; damned if you don’t.
Ann: Opuwo Project Update and Board Changes, page-7
Add CLA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $33.99M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $126.9K | 9.071M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1978686 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 185716 | 1 |
View Market Depth
| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| CLA (ASX) Chart |