I'm hoping for a good Xmas with CLA. Fundamentals themselves look irresistible but add to that the uncertainty in the DRC and Glencore.
The royalties increasing from 3.5 to 10% is no small thing when you're dealing with companies with in excess of billion dollar market caps.
Glencore have some major legal issues which have just forced their head of copper trading (one of their biggest shareholders, who worked extensively in DRC) to exit.
Now they've just had a class action started against them for their dodgy behaviour to add to all the other dramas...
If I was looking to invest in a long term, secure cobalt supply I think I'd be more comfortable putting my millions elsewhere... Somewhere like, Namibia...
Anyway, I might not run a multi national company but I was happy enough to pick up some more today for myself while they're going cheap...
I'm hoping for a good Xmas with CLA. Fundamentals themselves...
-
- There are more pages in this discussion • 1,280 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
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $33.99M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.4¢ | $52.88K | 3.751M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2423877 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 5743736 | 5 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CLA (ASX) Chart |