Very unfortunate that, I have a deep respect for the real shorters out there. When I say real shorters I mean the ones of the Marc Cohodes caliber. It is a very hard side of the market to be in... I was one in the past and I'm pleased to say it is not my style anymore. Shorted BNB a decade ago and lost the position because I couldn't buy back the shares due to a veeeeery long trading halt... which in effect is still in effect at the moment... pun intended.
If you hold a large enough portfolio with Commsec you are allowed to short on a "pro forma" basis and on a hefty minimum position. Wink wink...
Cheer up mate. I don't think SBM is a dud. If you've held positions for more than a decade like I have, crashes like this are just a blip on the chart and SBM is one of those companies that I'm willing to hold for decades... The macro environment in the past, SBM having never presented a deep discount and my capital flight towards NST & EVN in the past have prevented me from owning SBM. Shes always looked good to me in the past it's just that the other two was always a little bit better. Now that those two are overvalued and SBM presenting a nice enough valuation (although born out of some production drama)... I welcome her in my portfolio today.
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Last
33.0¢ |
Change
0.005(1.54%) |
Mkt cap ! $270.0M |
Open | High | Low | Value | Volume |
34.0¢ | 35.0¢ | 33.0¢ | $3.529M | 10.42M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 464135 | 33.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
33.5¢ | 1700 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 339320 | 0.330 |
12 | 499269 | 0.325 |
22 | 908634 | 0.320 |
9 | 212859 | 0.315 |
15 | 324114 | 0.310 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 624000 | 4 |
0.345 | 123639 | 3 |
0.350 | 247945 | 3 |
0.355 | 321578 | 5 |
0.360 | 203100 | 5 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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SBM (ASX) Chart |
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