SMM 0.00% 0.3¢ somerset minerals limited

smm and pdn: how ive played it

  1. 5,726 Posts.
    lightbulb Created with Sketch. 5
    I sold the majority of my SMM shares for $6.10 and $6.15 this afternoon, leaving me with 83,500 shares, which equates to 50,000 PDN shares to add to my already-large parcel of PDN shares.

    So I've hedged my bets a bit - taken a large amount of profit off the table, and still will be adding 50k PDN shares.

    To me, that seemed to be better than exchanging ALL my Summit shares ( I had a LOT) for PDN shares, which would leave me very overweight in PDN. And I mean REALLY overweight!

    This way, I can add to my AGS, ACB, WMT, and others, and buy a few new ones as well, plus I get to increase my PDN holding by that 50k shares.

    Sweet :)

 
watchlist Created with Sketch. Add SMM (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $4.123M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
18 18483666 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 2053366 4
Last trade - 16.12pm 22/11/2024 (20 minute delay) ?
SMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.