COB 1.12% 8.8¢ cobalt blue holdings limited

hi Eureka,are you saying that the current capital raising is not...

  1. 105 Posts.
    lightbulb Created with Sketch. 114
    hi Eureka,

    are you saying that the current capital raising is not available to you??

    because it is… and even if you were not a shareholder or if you want to buy more than the 1 on 10 shares held, do so on market… the price is the same. The reality is the company needs capital to progress its deliverables to get to FID. You can not dictate the price and the amount of money you can raise when you have no revenue yet. Less than 2 years ago, the share price was less than 10 cents… if you are a trader, or if you are thinking of selling within the next 1 or 2 years, or if you chase 1-3 cents at the purchase or selling price, then I can see why some people would be worried/annoyed. Ultimately people make investment decisions based on their risk appetite, research and assessment of the company and the sector it operates in.

    i plan to continue holding COB till 2025 at the earliest, unless a major risk eventuates.

    I like and trust the management, the asset, the methodical approach, and the economics of Cobalt. China pursuing zero Covid or not, will not change the global shortage of Cobalt over the next 7-10 years.


 
watchlist Created with Sketch. Add COB (ASX) to my watchlist
(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¢ $9.07K 102.9K

Buyers (Bids)

No. Vol. Price($)
6 323003 8.7¢
 

Sellers (Offers)

Price($) Vol. No.
8.8¢ 126813 3
View Market Depth
Last trade - 11.03am 07/05/2024 (20 minute delay) ?
Last
8.8¢
  Change
-0.001 ( 1.12 %)
Open High Low Volume
8.8¢ 8.8¢ 8.8¢ 22055
Last updated 11.28am 07/05/2024 ?
COB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.