I'm calling this out. When CLA hit 24c in May 2018 the Cobalt price was $90,000 USD per tonne. It's now $30,000 per tonne. In May 2018 CLA was an easy 60c plus stock. At current prices it's not viable. The over supply and stock piling of cobalt by Chinese chemical producers was a relative unknown (except perhaps to insiders). If the Cobalt price had stuck at $90,000 USD per tonne you'd be cheering PG on for being the Messiah. And let's not forget that a raise occured at 18c and was massively over subscribed. You can't say that was all from a couple of pro chants on HC.
I'm calling this out. When CLA hit 24c in May 2018 the Cobalt...
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $29.13M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $35.54K | 3.534M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2480023 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 4234832 | 6 |
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| CLA (ASX) Chart |
