Don't get me wrong - I'd love for cobslt prices to be 120k. it would suit me fine as I am not generally a long term holder. however I will rotate into stocks as their momentum gathers again during their key cycles. the 50-60k I'm referring to is the sustained price not the spikes. a 90 k spike or a 120 k could happen and benefit many holder but it us unsustainable as it makes the battery expensive and creates a cycle that will cause it to drop as technology seeks other methods and supply mobilises, creating a momentum to the downside. hence like oil or iron ore or gold or copper, we aim to benefit from spikes but a sustainable price is required for stability in the long term.
CLA - Cobalt related news, page-2939
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $29.13M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $15.37K | 1.394M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 6375184 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1968589 | 6 |
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| Last trade - 15.55pm 11/09/2024 (20 minute delay) ? |
| CLA (ASX) Chart |