Hi Red,
I don't know anything, but a climb of 66% in 3 weeks with no immediate announcement may be concerning. If these are being bought by the one company under the radar of multiple entities it could be the beginnings of a take-over. Ardea is vulnerable in that its biggest holder controls just 13% of the company. A company worth $70 million is nothing to a multinational oil company that may want to sure up its future by controlling the cobalt supply. Big oil must be very worried right now with all the national declarations of EV mandates. Maybe being paranoid, but don't want to be naive to the interests that will suffer in the cobalt/lithium future. DYOR
BE
Hi Red, I don't know anything, but a climb of 66% in 3 weeks...
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| Open | High | Low | Value | Volume |
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