Goodmorning Europe, and goodevening to the people downunder.
Just a comment on the dip in the shareprice.
This is a junior stock. Basically a good story and a number of drillholes. It is not a company with an annual P&L. There are many possibilities for it to go to zero again. And that causes nervousness in price.
Earlier I had an investment in eCobalt solutions. https://finance.yahoo.com/quote/ECS.TO/?p=ECS.TO
My purchase price was 0.169 cts (2016) and I sold 50% at 0.79 cts. Final shares I sold at 1.91 in Jan '18.
But just look at how this stock jumped up and down on the way up. It jumped like a bull, hence the name 'bullmarket'. It will try to shake you off.
Just look at the fundamentals for CLA. It has one of the highest volume of cobalt resources in a favorable jurisdiction. They trade a resource that is in high demand. The management seems to be focused and on track. As long as it still tick these boxes this stock still has a long way to go. Do not let the bull shake you out of this ride.
CLA chart, page-833
-
- There are more pages in this discussion • 3,254 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
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $28.28M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $52.97K | 4.815M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 761818 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 3209134 | 7 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| CLA (ASX) Chart |