pullback seems to be primarily due to SS delay announcement soon after cap raising... exits for the doors as delay's would mean price decline regardless of hoped good news in the pipeline.
The decline in Cobalt and Copper has greatly fed into the SP drop... close match if you look at charts others have posted... of the many ASX Cobalt plays, CLA has held up pretty well.. many other got simply clobbered.
The cobalt is still in the ground, yes, but it will stay there until SS and other reports prove it is profitable to pull it out of the ground, process it, and flog it off....
Happy to hold on, wish I had funds to buy more, but such is life. My timeframe is years, not months.
CLA chart, page-1792
-
- There are more pages in this discussion • 2,295 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CLA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $31.56M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $33.20K | 2.569M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1158932 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 1066730 | 5 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| CLA (ASX) Chart |