COB 4.71% 8.9¢ cobalt blue holdings limited

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  1. 969 Posts.
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    Not sure if everyone is aware but there was over $1m of seed funding raised several months ago at $0.08 - you have to expect these will be sold for a quick flip and I have a strong suspicion these are the reason we are now at IPO levels - once these wash through COB should start to tick up nicely - will probably take a couple more days before "normal" trading kicks in and compared to peers this should command at least a $30m MC or around 30c per share - just too early to call at the moment until all the above plays out
 
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