Well I did warn on the weekend that we might touch the support at 2.8c but I didn't expect it to happen so soon to be honest and I was looking for a spike back up off it which didn't happen today Was quite high volume today (actually the highest since 28/2/18) so while I agree some of the volume may have been stops getting hit below 3c IMO we may still have a big holder selling out or possibly the last of the advisor options being sold. Will be interesting to see if we get a 3B and if buying support kicks in at these levels.
I had a look at the charts of a number of cobalt stocks on the weekend and it seems in the last few months especially cobalt has really come off the boil with almost all of them suffering from big drops in their SP. I wonder if some have been scared off by Elon Musk saying Tesla will get rid of cobalt in their batteries. Not sure if others saw the article but I read that a Tesla battery caught fire in the US today and its the cobalt which keeps them stable so maybe Tesla may re-think this strategy as I also read that its not the 1st fire with their batteries either.
- Forums
- ASX - By Stock
- MEI
- Cobalt Cobalt Cobalt
Cobalt Cobalt Cobalt, page-36
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MEI (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.8¢ |
Change
0.001(1.03%) |
Mkt cap ! $222.2M |
Open | High | Low | Value | Volume |
9.8¢ | 10.3¢ | 9.7¢ | $318.6K | 3.224M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 104546 | 9.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.8¢ | 2896 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1773521 | 0.011 |
11 | 2924000 | 0.010 |
6 | 4510000 | 0.009 |
7 | 2258300 | 0.008 |
1 | 142857 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 620532 | 3 |
0.013 | 1998837 | 5 |
0.014 | 926384 | 7 |
0.015 | 670000 | 2 |
0.016 | 1179000 | 5 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
MEI (ASX) Chart |