I have been watching the price for Cobalt drop from a high to a low. In fact it isn't much different now than 5 years ago. Obviously the demand has fallen OR the supply has risen...OR there are other influences ...probably a combination which is giving China and edge????. What will it take to make AUZ a company that benefits even with low prices? Is there going to be a market for the goods AUZ is able to produce PROFITABLY when (and if) they manage to get a mine commissioned?
So investors have to ask themselves......am I gambling here? AT 2.2 cts a share one could easily put in a small bet. But how long before the future reveals itself ?
(no longer held)
P.S. I bought 5 Cr2032 Lithium batteries on ebay yesterday for $1.49
Price of lithium is down too.
cobalt price ?
-
- There are more pages in this discussion • 2 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 AUZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $9.789M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $29.48K | 4.147M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2484166 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2861544 | 10 |
View Market Depth
| Last trade - 11.09am 17/09/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |