COB 0.00% 14.0¢ cobalt blue holdings limited

Hey @philh9, my average is $0.19, with Cobalt macro in decline...

  1. 1,238 Posts.
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    Hey @philh9, my average is $0.19, with Cobalt macro in decline this week from $13.38 to $13.14, it's tricky one to keep holding on to this penny COB, these guys makes good progress but for some reason their scope deliverance dates seems slipping away too far off, and like honestly there isn't hardly materialistic announcements has happened this year, I could be wrong but feels like lifestyle company, management doesn't really care about their shareholders other then pushing dates further. Now, any further delays will costs shareholders quite hefty money, we are already running out of money, and Final Investment Decision (FID) is still 2 years far, we've all known how much project pushes to gain traction in market but Cobalt Blue is on deep sleep. Next COVID fear will kill this sort of company, these guys will come begging for more funds from us again. it's just timeline scares off anyone.
    I've travelled through thick and thin with this company, even since expert determination, it hasn't taken leaps, part of it is COVID-19, but should show some signs of acceleration since having all project to themselves. funnily enough these guys just gone to sleep.
 
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13.5¢ 14.3¢ 13.5¢ $5.82K 42.06K

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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
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