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South32 Ltd (S32) $3.51

Diversified miner S32 has started to recover after a tough year. In line with our recovery view towards China and overall bullish outlook for the Resources Sector, we have no plans to take profit on our recently acquired position at this stage of the cycle.

  • We can see initially S32 testing $4 over the coming weeks/months – MM is long S32 in our Active Growth Portfolio.
S32
MM remains bullish towards S32
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South32 Ltd (S32)
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