SHN 5.26% 1.8¢ sunshine metals limited

The events leading up to the recent price capitulation in my...

  1. 1,377 Posts.
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    The events leading up to the recent price capitulation in my view are linked to the capital raise. In my opinion the investors have chosen to de risk; already have a significant exposure to SHN. Announcements triggered the buying and selling and I am trying believe that this was not a staged de risk but I keep looking at the market action and the assets. Are the assets still high quality? I would surprised if there is not positive news to come that would make the last week a blip. My thought is that from the mid 2c range is an excellent consolidation price.
    Last edited by Mymom: 13/12/23
 
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Last
1.8¢
Change
-0.001(5.26%)
Mkt cap ! $28.57M
Open High Low Value Volume
1.9¢ 1.9¢ 1.8¢ $123.4K 6.700M

Buyers (Bids)

No. Vol. Price($)
3 1143920 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 1639578 4
View Market Depth
Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
Last
1.8¢
  Change
-0.001 ( 10.0 %)
Open High Low Volume
1.9¢ 1.9¢ 1.8¢ 3810136
Last updated 15.58pm 21/05/2024 ?
SHN (ASX) Chart
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