The reason I said SXY share price going nowhere is when E I G came on board Feb 2017 the share price hit 12mth high of 0.41 Now it is Mid April 2018 and hit 12mth high of 0.445 Also at one point B P T was double Sxy price then triple Sxy now nearly 4 times Sxy price. I do understand that B P T is now a 3billion company having acquired Origins Lattice Assets.
Some of us are here for short term some long term. I just need 55cents to break even as I'm chasing losses going back to GFC. Then I'm out for good. Held MEL for 6years and sold for 5 cents taking a 122k hit to add to my GFC losses. Companies going into administration like Babcock and Brown etc back in 08.
SXY Price at posting:
42.5¢ Sentiment: None Disclosure: Held