I don't believe in any way is it a falling knife catch phrase.
I buy & sell on mathematics. The current commodity cycle along with bad news as far as the report in concerned is a gift for a trader like myself.
I trade these commodities and all I see from suppliers and clients is "we can not get enough for the long term".
As far as the United States purchase, it is shovel ready, which means they are already 15 years plus ahead of time.
Refer to my previous posts pertaining to S32 when it was below $3.00 last time. My sell point was around the $3.40 then back in again and sell again at $3.91.
If you are in loss then I understand your sentiment.
I have no emotion wo my trades best up or down, its just a trade.
All the best with your trades & investments.
RDD
Ann: Quarterly Report June 2024, page-15
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 (20min delay)
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Last
$3.73 |
Change
0.055(1.50%) |
Mkt cap ! $16.64B | |||
| Open | High | Low | Value | Volume |
| $3.69 | $3.75 | $3.66 | $16.44M | 4.465M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 42855 | $3.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.73 | 98638 | 67 |
View Market Depth
| Last trade - 12.32pm 02/10/2024 (20 minute delay) ? |
| S32 (ASX) Chart |