CNJ 33.3% 0.1¢ conico ltd

We all know we are betting on Cobalt ?, page-229

  1. 4,415 Posts.
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    Uncertainty comes with any investment and there are plenty of comparisons across the ASX re how sentiment towards CNJ has developed.
    That is a 'given' which the vast majority here would be aware of.

    Apart from the known announcements re the massive potential in the area and Directors buying on market, arguably the fact that we have Thomas directing the exploration is a key component for unlocking the Pandora's box. Further, the unprecedented massive accumulative volume of trades over the last 4 weeks has seen opportunities for people to trade. That they have traded is of course also a 'given'. Many though will not have traded and are clearly holding, as evidenced by the recorded trades.

    Whether the sp creeps towards or bursts through to 10.5c from this recorded 9.5-10c consolidation range is also par for the course. Again, some people will likely trade along the way. The degree of trading though will also depend upon each and every individual retail investor as well as the decisions made by brokers and those with large holdings. At this point though, in my view, the relatively softer trading volumes suggest that the market is being patient and moving into the somewhat blue-skies above 10c in the days ahead. Happy to watch with an accumulated large parcel, esp.

 
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Last
0.1¢
Change
-0.001(33.3%)
Mkt cap ! $1.805M
Open High Low Value Volume
0.1¢ 0.1¢ 0.1¢ $220 220K

Buyers (Bids)

No. Vol. Price($)
46 71115342 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 23375232 11
View Market Depth
Last trade - 10.02am 13/05/2024 (20 minute delay) ?
Last
0.1¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
0.1¢ 0.1¢ 0.1¢ 71428
Last updated 10.54am 13/05/2024 ?
CNJ (ASX) Chart
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