Dona Ferentes
Pengurus pengatur
- Joined
- 11 January 2016
- Posts
- 16,252
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- 22,187
and yet S32 moves higher over the last 3 months. $4No selloff today in S32 share price. If I had a CFD account this would be an interesting short. Just as iron ore is currently and lithium last year.
am not sure i agree on 'woofer' , but a disappointment , yes i think it is and since BHP is still wandering between false steps so we can't really blame BHP for off-loading all the substandard management to S32Not really sure why I'm holding this woofer.
The problem might be that I can't see any significant crocodiles in this report, but it's down 10%, which must mean I'm a dear with no eyes.
Maybe it's the impairment charges...
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am not sure i agree on 'woofer' , but a disappointment , yes i think it is and since BHP is still wandering between false steps so we can't really blame BHP for off-loading all the substandard management to S32
the share price will need to go much lower before i CONSIDER if to add to the current holding ( which i reduced @$4.40 last year )
Yes definitively disappointedMy average price is about $3.60 so I'm only in the toilet for a few coins, but might as well buy a resources ETF or big brother.
I think I originally bought this as a chart trade and they had some silver somewhere but I lost track and now it's just some numbers and a funny symbol that doesn't make a lot of sense.
Any idea why they own anything north of 32 degrees south?
some crazy trend IMHOMy average price is about $3.60 so I'm only in the toilet for a few coins, but might as well buy a resources ETF or big brother.
I think I originally bought this as a chart trade and they had some silver somewhere but I lost track and now it's just some numbers and a funny symbol that doesn't make a lot of sense.
Any idea why they own anything north of 32 degrees south?
some crazy trend IMHO
i note EVN bought a project in North America as well ( much to my dismay )
but i got a slab of S32 when BHP spat out the company , and considering i bought the sweet spot between MQG offloading the SYD exposure ( thank you MQG ) and the BHP demerger , my entry is rather low ( depending on how you value the demerger shares )
but i still thought S32 would have been doing better by now , stabilized grabbed some 2nd/3rd tier assets etc etc
i mistakenly over-estimated the enthusiasm of the management to prove themselves ( and get poached by Glencore or BHP )
$2.63 for the parcel of S32 i boughtAll your entries are low Divs. You bought all your shares in the 1800s.
I'm your alter ego divs, my nickname was Un, we should get together.$2.63 for the parcel of S32 i bought
but no i started very early 2011 ( and with 4 inherited stocks ) as green as grass and enough cash to buy a reasonable house in Brisbane at the time
remember my nick-name used to be lucky ( even at primary school ) and sometimes even my jaw drops at the luck
scars YES i have plenty but never a ( completely ) broken bone in almost 70 years ( just 9 or so greenstick fractures ) ( hence a different nick-name in other places )
swing back .. in a word YES , try manufacturing much in Australia without aluminum ( considering we have mountains of bauxite )So, it wasn't just the impairment charges but green tape issues. Hard to be a miner these days. I wonder when the pendulum swings back.
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say after we go to war with China and Russia ( and start sanctioning India )swing back .. in a word YES , try manufacturing much in Australia without aluminum ( considering we have mountains of bauxite )
not even drink cans .
but then Albo and the Greens would rather we all live in caves ( or under bridges ) so the swing back might take a while
July 8 decision , flagged on chart same day , Have to question why no announcement that or the following day . Chart resembles one that represents some with vested interests had this information . Its a dirty business . 9 consecutive red closes in the interim and down 20% + from july8 openSo, it wasn't just the impairment charges but green tape issues. Hard to be a miner these days. I wonder when the pendulum swings back.
View attachment 181277
I see a nicd ckass action comingJuly 8 decision , flagged on chart same day , Have to question why no announcement that or the following day . Chart resembles one that represents some with vested interests had this information . Its a dirty business . 9 consecutive red closes in the interim and down 20% + from july8 open
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