S32 1.09% $3.62 south32 limited

Ann: Sale of Illawarra Metallurgical Coal, page-60

  1. 1,843 Posts.
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    I am not dreaming about anything. That's my base case for the year. If it doesn't happen, great. If it does, well, that's great as well. Don't get so agitated all the time. It's almost as if you don't have any confidence in your position.

    That said, I would be very surprised to see S32 hit the range of $3.50-$4.00 in 2-3 weeks though. I guess it is not impossible if the whole market was to have a very sudden blow-off top. However, even then, I find it extremely unlikely that S32 would join the party in such excitement and climb 20-30% in just a few weeks. And, besides, if it was a blow-off top, I'd still see it drop below $2 by EOY. Blow-off tops are never sustainable.
    Last edited by kokoro: 11/03/24
 
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