My understanding for this weeks activity is that 2million more shares were issued which devalues the share price further.
The share price will continue to fall to below 25 cents in the future... Check the charts.... Fair value for this stock is 19 cents according to my calculations.... I can't see where everyone says it is undervalued at it's current levels.
Brazil is increasing cobalt output from 60 000 tons to 180 000 tons this year.
They are ramping up supply.
There are no support levels between 31.5 cents and 20 cents so the price should fall sharply.
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $29.73M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.0¢ | $49.64K | 4.705M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 8146273 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 140000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 165499 | 0.225 |
3 | 149000 | 0.210 |
2 | 125311 | 0.205 |
2 | 163289 | 0.200 |
1 | 25000 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 6807 | 1 |
0.240 | 15662 | 1 |
0.245 | 26632 | 2 |
0.250 | 17000 | 1 |
0.255 | 51470 | 3 |
Last trade - 15.59pm 03/12/2024 (20 minute delay) ? |
JRV (ASX) Chart |