SBM 0.00% 32.5¢ st barbara limited

Ann: Presentation to analysts and investors at Leonora Operations, page-11

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 10,469 Posts.
    lightbulb Created with Sketch. 155
    G

    "trouble is i hold about 25 stocks and hard to average down on to many when market heads south."

    I agree it is difficult. So one must have a strategy and be prepared to be stopped out at some point. If a commodity is in a downtrend then it generally makes no sense to keep holding the producers (see what happened to the coal companies in Oz and USA) and you can make some money on the bounces with the funds from the shares you have sold. Then if there is a good share badly beaten down you can scoop it up and make a heap. There have been some very nice bounces over the last 3 years in the goldies (I have also had a hard time catching many of them due to a lack of skill/experience).

    Sounds easy enough but not that easy to execute. Must not fall in love with anything in the portfolio.

    loki
 
watchlist Created with Sketch. Add SBM (ASX) to my watchlist
(20min delay)
Last
32.5¢
Change
0.000(0.00%)
Mkt cap ! $233.2M
Open High Low Value Volume
33.0¢ 33.0¢ 32.3¢ $261.8K 803.9K

Buyers (Bids)

No. Vol. Price($)
17 111335 32.5¢
 

Sellers (Offers)

Price($) Vol. No.
33.0¢ 399568 23
View Market Depth
Last trade - 12.40pm 04/12/2024 (20 minute delay) ?
SBM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.