Ok thanks. I can see the correlation between the CLA trading and the blow off top but I could also see the same pattern in the early stages on every single lithium, graphite and cobalt stock that has run hard in the past 24mths. This commodity has an every growing demand base and price. It makes sense for these stocks to have that inflection point where buyers create all sorts of maniacal and interesting formations on the chart but in reality it’s just money rushing in before it shoots from $50m to $500m.
Results are now overdue and I’m told they are coming any day now. In fact, were to be released on Friday but were held up. Take that with a grain of salt but it is what it is.
CLA chart, page-32
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.70M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $10.42K | 947.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7183605 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 6947610 | 10 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CLA (ASX) Chart |