EBITDA write down is of little concern.
Cash injection is good. That is real. It can pay bills or dividends, unlike WIP.
Shine were originally hoping to be awarded $100 million from the settlement for fees, disbursements, interest and the administration, but will receive a little under $36 million. Less than ideal. This order will put a line under all of that.
No mention of the mesh interest issue. The silence on that point screams the loudest. Have they been ‘preparing submissions’ for nearly six months now?
EBITDA write down is of little concern. Cash injection is good....
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Last
65.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $112.6M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6 | 65.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.0¢ | 3300 | 1 |
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| Last trade - 16.12pm 28/05/2024 (20 minute delay) ? |
| SHJ (ASX) Chart |
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