Missed out, posted the cheque on first day open, received the cheque back today , i also sent a cheque to Ausenco IPO, will be ended up with zero for sureblinkau said:It floated today at $1 reached a high of $1.45 and closed at $1.30. Has anyone else participated in this stock and what are your thoughts on it?
Well let's kick ourselves together. I rode it from $2.00 to $2.40 but was unconvinced regarding upward momentum at the time. Sold only about a month ago.
I shall never be rich.
Good outfit in an unloved sector. However I don't know what is their profit split between new mine design vs ongoing operations... That will determine how resilient their earnings will be if the mining cap-ex tap is turned off.I entered Sedgman today...brought 3060 for the super fund @ $1.52 ~ i have decided to add a few Mining and Civil services stocks to my super portfolio as a bit of an experiment, just buy what's cheap and wait for a sustained risk on period to take profits and then recycle capital into what's cheap.
...I'm right there with you, I've also picked up a few more bringing my average price down to $1.38 too, lol.Sedgman getting smash lately along with most of the mining and mining services stocks...so i got a few more for my super fund at $1.07 (including brokerage) my average price is now $1.38 oh well in for the long haul.
Still holding SC? I am considering this one.Sedgman getting smash lately along with most of the mining and mining services stocks...so i got a few more for my super fund at $1.07 (including brokerage) my average price is now $1.38 oh well in for the long haul.
Yep as per usual still holding, the whole coal sector is still very depressed, so if your a longer term believer as i am then the current weakness is an opportunity.Still holding SC? I am considering this one.