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Kram said:
Hope didn't snatch at the falling cxo knife.

I still hold a fair chunk of ltr, probably just hang on don't need the cash.
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I watched it with amusement but didn't touch it, the capex required lithium to stay near ATHs just to break even.

I've been off-loading a little recently. Sovereign risk spike after the US election. Still slowly growing via SRP in a dozen or so holdings, but a net seller overall.
Watching a few OS ETFs in the event the US dollar drops sharply and prices in AUD become attractive.
 
burge13 said:
Also proves how pointless boards and non exec directors are. Get paid 50k + for a few meetings a year but do absolutely zero for the company

This blokes an arrogant ****wit but he won't see any accountability. The asx is no less scummy than crypto tbh
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It's strange that if you're not listed on the ASX, Board of Directors tend to have more accountability. A lot of financial delegation stuff is Board level but listed companies often just pay for name recognition and prestige.
 

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Mofra said:
It's strange that if you're not listed on the ASX, Board of Directors tend to have more accountability. A lot of financial delegation stuff is Board level but listed companies often just pay for name recognition and prestige.
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I believe that Boards are often too big, though I see their value assuming they're staffed appropriately. Quite often, their main function should be to apply breaks, to ask "why" questions of management, and to ensure that alternative decisions have been fleshed out. The single biggest threat to organizations, in my opinion, is unchecked CEOs; there are, of course, exceptions to this.

For a board to consistently apply breaks, you need people who've been there before, ex CFO/CEO/COO, which I understand does not make for avenues to make boards more diverse, which I agree with.
 
Kram said:
I've been mostly just sitting out of this rally.

I really find it hard to find any buys that suit me apart from resources, oil and bhp.
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I've remained invested during the rally, but I haven't been increasing any positions above and beyond my auto-deposits/buys. I'm particularly nervous about next year; there feels like a number of foreign risks that are coming to a head.
 
juss said:
I'm going to be trading out of all my individual stocks, and just keeping my ETFs

I'm just backing the long term likelihood of growth
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Also have trimmed down my holdings in my individual stocks too - save from a few speccies.

The one that's hard to sell is PME which has been a 10x for me.
 

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