S32 1.35% $3.66 south32 limited

I sold OSH at $3.21 then it fell to $3.14Then it stabilized and...

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    I sold OSH at $3.21 then it fell to $3.14Then it stabilized and came back so bought back at $3.28
    Not sure what it finished at for the day. Will have a look in a few mins. Some times there are late trades which pushes it up or down.

    At the start of the day OSH was at 4.7m sell and about 2.1m buys and just thought it would fall through the floor.
    Brent was $37.20 at that stage then it went up to $38.20 then fell back to $37.50

    Brent currently at about $37.70 odd as I type this out.
    https://tradingeconomics.com/commodity/brent-crude-oil

    This site quite good but it was before the OECD report.
    https://www.marketwatch.com/investing/stock/osh/analystestimates?countrycode=au

    S32 is a strong buy today.
    https://www.marketwatch.com/investing/stock/s32/analystestimates?countrycode=au

    I had planned to sell S32 then watched the buys at 5m and the sells at 2m so figured it might not drop past $2.10
    so bought another 2000.

    What happened in the US and Europe last night had me more than worried. Thought it would crash hard today and only get worse.

    No regrets with selling OSH then buying back later. Now if I had of not sold and my fears happened and the stock had of fallen to $2.85 or lower then I would have regrets.

    So sold OSH at $3.21 for 26,000 shares. Bought 20,000 back at $3.28
    A loss of 7c but could have been far worse.

    Back in GFC I made the mistake of holding on to long before getting out and was of the view it may happen again.
    The OECD report isn't good about the world economy.

    I suppose it all depends who we sell to. We sell to China and I think we may start selling to India too into the future which might suit us better than China in the longer run.


 
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Last
$3.66
Change
-0.050(1.35%)
Mkt cap ! $16.57B
Open High Low Value Volume
$3.73 $3.73 $3.60 $56.87M 15.57M

Buyers (Bids)

No. Vol. Price($)
7 348810 $3.65
 

Sellers (Offers)

Price($) Vol. No.
$3.66 22679 3
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
S32 (ASX) Chart
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