Replies to post #16964 on A.I.M. Users Bulletin Board (AIMUSERS)

[Neil Scott]

Hi Grabber,

While SSX.AX is certainly volatile it is also regarded as a large company in the top 200 of the Australian Stock Exchange.
It currently has a market cap at A$1.3 billion so its not a minnow but, being tied into volatile steel and underlying commodities causes large swings.

This is why my settings on some of my holdings have 20% on the buy and sell SAFE, twice the standard setting.
I purchsed SSX in 2003 at almost the low (Luck rather than skill, and a huge dividend yield of around 10% at the time).
I have other stocks that make SSX look as if it is asleep :-)

Regards

Neil