S32 0.40% $3.72 south32 limited

Ann: Australia Manganese Update, page-78

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  1. 2,183 Posts.
    lightbulb Created with Sketch. 297
    yeah good points about following a post / thread before becoming a holder.

    I was planning to buy a small "radar" holding of S32 as I think there was downside risk before Cyclone Megan and that one outcome may yield a takeover offer down the track.

    With the continued short selling, basically being a confirmation that the wider market is hinting/betting that S32 is heading lower, I'm holding off on my own "radar" holding entry.

    again yesterday another 3.2m Short Sales

    https://hotcopper.com.au/data/attachments/6050/6050974-c684868148b7d06a562f4e0d1d4a49e5.jpg


    so I think the sidelines until we see something resembling a turn on the weekly price chart from red slither to green and preferably a couple of weeks of green slither inside or above those train track lines

    https://hotcopper.com.au/data/attachments/6050/6050975-8043bd463a21692f20946d3b2653e06f.jpg

    GLTAH




 
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