Carabella Res Ltd Nsw CBLLF

Cobalt28

[malloney25]

Sure wishin all the best to future Cobalt 28 shareholders.

Should be one rotten business. Considering that the entire initial set of holders will effectively have received their shares either as 'free' spin-off or aquired at prices around 0.50 CAD or less, any attempt to ralley will be drowned in a sea of sellers for a long time to come. Barring a strong ralley in nickel or cobalt it might take years for Cobalt28 to gain traction. If ever.

C$1.92 my azzz ...

[Bookends]

We'll see... ARGT would be a good comparable as a "Spin off" from the Atlantis Gold (AGB) sale.  Was supposed to be implied value of 1$, it's only recently been listed, but is around the 1.3$ range. All those shares were pretty much given for "free" on the merger arb too.  However, I think people were generally happy with the Atlantis management... Not the