Sentiment in battery metals (see lithium stocks as of late) is really starting to pick up now as EV/battery demand previously hyped back in 2017/2018 is actually coming to fruition. See below EV sales statistics from JP Morgan yesterday. Global EV penetration last month was almost 12% with 1 out of 5 new car sales in Germany, France, Spain, Italy and the UK being EVs. Only a matter of time until the market turns it attention to cobalt once its done its thing with lithium.
COB at these levels is crazy cheap given they are cashed up ($8m) and well placed to take advantage of the upturn in sentiment with a tiny market cap of $23m or $15m EV.
Chart is also primed as it has been coiling like a spring for the past 18 months so would not be surprised to see a sustained breakout soon.
- Forums
- ASX - By Stock
- Chart - the tide is about to turn?
Sentiment in battery metals (see lithium stocks as of late) is...
-
- There are more pages in this discussion • 199 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add COB (ASX) to my watchlist
|
|||||
Last
8.8¢ |
Change
0.002(2.33%) |
Mkt cap ! $37.11M |
Open | High | Low | Value | Volume |
8.6¢ | 8.8¢ | 8.6¢ | $19.67K | 228.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 60893 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 48522 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 85000 | 0.092 |
1 | 5685 | 0.088 |
1 | 60893 | 0.087 |
2 | 49411 | 0.086 |
4 | 95331 | 0.085 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 52341 | 2 |
0.090 | 143000 | 1 |
0.092 | 25000 | 1 |
0.093 | 102000 | 1 |
0.094 | 25000 | 1 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
Featured News
COB (ASX) Chart |