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
21.0¢ |
Change
-0.005(2.33%) |
Mkt cap ! $171.7M |
Open | High | Low | Value | Volume |
21.5¢ | 21.5¢ | 20.8¢ | $551.3K | 2.624M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 52999 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 171494 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.210 |
12 | 784001 | 0.205 |
32 | 1079130 | 0.200 |
16 | 786438 | 0.195 |
20 | 359710 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 166664 | 2 |
0.220 | 30000 | 1 |
0.225 | 167974 | 6 |
0.230 | 572984 | 8 |
0.235 | 385000 | 4 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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SBM (ASX) Chart |