I did sell some CBA in the $130s, sold more in $140s & sold last 500 @ $160. Happy with that.
Since started selling, the proceeds mostly invested @ 5.15%, a lot better than a CBA dividend.
I had to liquidate some shares in my super fund because I had to pay myself nearly $200,000 from my term allocated pension.
You ask me about SMN. Well, SMN has only the final two steps to go before it will take off dramatically. 1. Boeing's submission of the full Service Bulletin and Compliance Report to the FAA. 2. Final approval and certification from the FAA for this application.
The above two steps will occur within a few months. The current price is 52 cents & my average cost is 41.2 cents with a holding of 531,000. I also have over 65,000 options at no cost with a conversion price of 78 cents. The potential is a share price of well over $10 with about 151 million shares on issue. I am doing very well on SMN thank you.
CBA Price at posting:
$157.85 Sentiment: Sell Disclosure: Not Held
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