I almost sold the other half of OML when it reached my $1.50 target but I'd already left too much on the table with CDA, SIQ, SGF and others. Picked the wrong one to keep.
With SWM, I'd have been smarter not investing in it at all
Back to SXL I'm not sure how a properly functioning company could have emerged from the massively diluting COVID Capital Raise and then made the decision to increase gearing again so rapidly that they again have to cut their dividend to bare bones.
Just take a moment and look at the 20 year share price graph for SXL and SWM side by side. Very different paths but they've each lost close enough to 95% of their value.
SXL Time to Accumulate, page-632
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Last
61.0¢ |
Change
-0.005(0.81%) |
Mkt cap ! $146.3M | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 62.0¢ | 60.5¢ | $495.0K | 806.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10776 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.0¢ | 13339 | 2 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| SXL (ASX) Chart |