I bought SSM in 2009 and 2010 and only sold 30% when they peaked around 74c in early 2011. I've hung on to the rest till recently and sold the rest at 81c.
The lesson for me was a tough one as by hanging on to the last 70% in 2011, I watched a large profit evaporate.
Will note after more research, I had faith in their turn around and bought more in 2013. This time around when I had reached my target I sold, the lesson....... a profit is not a profit till it is your bank account. It also meant I had substantial capital tied up that I couldn't use elsewhere.
One can always rebuy on a dip and manage your stops down the track ......
I bought SSM in 2009 and 2010 and only sold 30% when they peaked...
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Last
$1.90 |
Change
-0.055(2.81%) |
Mkt cap ! $1.170B | |||
| Open | High | Low | Value | Volume |
| $1.97 | $1.97 | $1.89 | $3.652M | 1.921M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 530 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 22625 | 1 |
View Market Depth
| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| SSM (ASX) Chart |