At the end of the day, us small shareholders are investing along side the 'big boss'. That big boss owns nearly 20% of the company or nearly $30m of his own capital with SXE.
Because of this, big boss runs the company to protect his own capital.
Because of this, us smaller share holders have some degree of protection. We go down, Mr Big Boss goes down. Mr Big Boss goes down, he looses much more money than us small share holders.
I would say this is a fair equation.
A bit like the old merchant shipping traders of the 18th century.
Hence a small sum of my money invested in SXE (plus most importantly the intrinsic value stacks up).
At the end of the day, us small shareholders are investing along...
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Last
$1.80 |
Change
0.070(4.06%) |
Mkt cap ! $472.4M | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.81 | $1.73 | $3.287M | 1.847M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4650 | $1.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 4759 | 1 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| SXE (ASX) Chart |