agree this is in good buy zone and I shall continue to...

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sydneybhai

2,251 Posts.

262

06/04/25

09:11

Post #: 78572276
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Originally posted by Ashentegra: ↑

The burden of Trump's tariffs falls entirely on US consumers. We are about to witness the largest single transfer of wealth from labour to capital in US history as trade-exposed import-competing industrial companies get a 25% boost in prices on goods sold.

When Trump's blue-collar MAGA base realises he has made their lives more expensive and gifted this to business, their existing disgust and disenchantment with government will be complete and extend to the Republican Party as well.

If the rest of the world uses reason and logic and sticks to free(ish) trade with each other, this giant economic spasm will be contained to the USA and hurt only them. Imposing tit-for-tat tariffs is to stand on a land mine and should be avoided.

S32's major immediate expansion projects, Hermosa and the Arctic and Bornite JV with Trilogy, can happily proceed behind Trump's tariff wall. Its existing operations are only modestly exposed to the USA and should emerge unscathed - provided other governments are smart enough to exercise restraint.

Ash

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agree this is in good buy zone and I shall continue to accumulate with any 5% drop but I think Monday drop shall be last one and we should see value buying back up on this stock as the BB should be continuing aggressively now…

dyor

S32 Price at posting: $2.81 Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last $2.98		Change -0.040(1.32%)		Mkt cap ! $13.38B

Open	High	Low	Value	Volume
$3.00	$3.01	$2.96	$38.50M	12.91M

Buyers (Bids)

No.	Vol.	Price($)
1	30897	$2.97

Sellers (Offers)

Price($)	Vol.	No.
$2.98	169315	1

View Market Depth

No.	Vol.	Price($)
1	11224	3.250
2	67081	3.200
1	2	3.190
2	18928	3.180
1	74654	3.170

Price($)	Vol.	No.
2.740	108418	2
2.750	1500	1
2.790	1272796	10
2.810	63073	1
2.820	138480	12

Last trade - 16.10pm 18/06/2025 (20 minute delay)

S32 (ASX) Chart

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agree this is in good buy zone and I shall continue to...

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