MND monadelphous group limited

Why I'm now convinced MND is a compelling buy, page-4

  1. 744 Posts.
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    Hi Marsc,

    Thank you for your explanation about your approach to position sizing.

    My own approach to position sizing is actually similar to yours. In fact, my top 4 holdings represents 73% of my total portfolio value. I would classify them as stocks offering adequate return with low downside risk. My previous post was a little misleading as it gave the impression that I consider a 5% allocation as a "fat pitch". This is not the case at all, my fattest pitch, being my no. 1 holding, is about 30% of my portfolio.

    Just like yourself, I don't normally invest in resources or mining services companies. Hence, no matter how high my conviction in MND is, there is no way I will allocate as high percentage as one of my top 4 holdings. Because of this aversion towards mining services companies, my fattest pitch in this area will be around 5-7%.

    Since my previous post, I have finally pulled the trigger and opened a position in MND!
 
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(20min delay)
Last
$17.87
Change
0.080(0.45%)
Mkt cap ! $1.774B
Open High Low Value Volume
$17.69 $17.97 $17.55 $3.036M 170.0K

Buyers (Bids)

No. Vol. Price($)
4 1149 $17.81
 

Sellers (Offers)

Price($) Vol. No.
$17.90 1149 4
View Market Depth
Last trade - 16.10pm 14/07/2025 (20 minute delay) ?
MND (ASX) Chart
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