Would be interested in your logic of why you think it will get to $0.30 by Xmas. I’m not a holder yet, but interested in taking a long term position.
SHP got to $0.25 based on the huge potash price gains after Russia invaded Ukraine, but the supply fears are easing and the potash price is falling. To my mind, the SHP price will simply mirror MOP price movements in the next six months. I’m not sure it makes sense to buy into SHP until potash prices stabilise, and I’m not sure that will happen until the situation in Ukraine is settled.
SHP Price at posting:
9.8¢ Sentiment: None Disclosure: Not Held
