If that trends keep going for a few weeks there's no reason why the share price shouldn't follow.
Yes, the economics are not known, but the prospects improve greatly as the price of cobalt does. So purely risk/reward, the increasing price of cobalt is de-risking the project and CLA.
CLA - Cobalt related news, page-3408
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1.4¢ |
Change
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Mkt cap ! $33.99M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $9.283K | 705.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1810418 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 8643117 | 5 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CLA (ASX) Chart |