very smart selling out of SWM on the day of the announcement, I was too slow, I exited 30% of the position in SWM, should have done 100% like you.
The only difference, look at how SWM is managing its affairs, better than SXL (from a company management point of view).
I have now exited OML due to the nice share price increase.
Totally out of SXL, small position on A1N.
Protect one's capital.
Sometimes better to shrink, be a small target, but have one's capital safe. Worst case, miss an upside, but still better than blowing up one's capital.
Guess I am loosing confidence in old school media sector for the moment.
SXL Time to Accumulate, page-631
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Last
61.0¢ |
Change
-0.005(0.81%) |
Mkt cap ! $146.3M | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 62.0¢ | 60.5¢ | $495.0K | 806.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10776 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.0¢ | 13339 | 2 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| SXL (ASX) Chart |