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Carabella Res Ltd Nsw CBLLF

"Cobalt 27 Capital Corp is an electric metal investment vehicle offering exposure to metals integral to key technologies of the electric vehicle and battery energy storage markets."


OTCQX:CBLLF - Post by User

Comment by lumpy13on Jun 28, 2018 3:02pm
208 Views
Post# 28246753

RE:RE:RE:RE:RE:RE:RE:Questions about Cobalt 27

RE:RE:RE:RE:RE:RE:RE:Questions about Cobalt 27What's strange is that Wheaton took a larger share of the cobalt stream and the market reaction hasn't been as negative.  Can understand the share price dropping to C$9.75 but not sure what's going on behind the scene to make it drop lower.  If problems by the underwriters in unloading shares, would assume this will be more of a short term issue as the long term price outlook for cobalt still seems positive.  That being said, it is frustrating that the company keeps diluting shareholders to grow their business and that could be a reason people are dumping shares.   
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