Huge numbers of investment funds will decide that the ev and battery tech shift will be an area they have to be a part of. Cobalt is one of the key means of doing so. Right now they are looking for opportunities. Outside of glencore in the congo there are not that many with any scale So the newer smaller australian cobalt stocks have to be in consideration. The scale of money wanting a cobalt exposure relative to the opportunities is way out of balance.
Some have moved already but a lot will want to put a few million here and there in coming months. They expererience FOMO just like we do. Their boards or managers will be asking : "so what cobalt investment have you made and where?" AUZ and others in australia would unavoidably be under consideration.
They have 6 months or so to position themselves as early investors. FOMO could create a rush at some point.
Huge numbers of investment funds will decide that the ev and...
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $15.70M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $39.66K | 3.482M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 4525557 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 2652976 | 9 |
View Market Depth
| Last trade - 16.10pm 19/04/2024 (20 minute delay) ? |
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Last
1.2¢ |
Change
0.001 ( 4.55 %) |
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| Open | High | Low | Volume | ||
| 1.1¢ | 1.2¢ | 1.1¢ | 1381686 | ||
| Last updated 15.00pm 19/04/2024 ? | |||||
| AUZ (ASX) Chart |