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.
Yeah 3s if lucky. With no project and only a cash burn to look...
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Mkt cap ! $24.27M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $2.255K | 215.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 21199149 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 5807182 | 4 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.0¢ | 1.0¢ | 77064 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| CLA (ASX) Chart |