CAPITAL MARKETS

Cobalt investors digesting the words of Musk

COBALT stocks on the ASX had a mixed day in the wake of Elon Musk’s bearish comments regarding the use of cobalt by Tesla … or to put it more accurately, the desired non-use of the commodity! There were still some gains, though notably the biggest loser for the day was one of the biggest beneficiaries of the boom to date, Cobalt Blue, whose shares between the end of October and early last month gained about 800%!

Cobalt investors digesting the words of Musk

   

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