It is really not just SHM, it is accross the entire ASX these days. ASX is a pump and dump , ASIC and ASX allow such underhanded tactics such as bots shorts and manipulation, it is certainly not just SHN.
SHN is just coming back to where it should be as a CR is needed and the company has 1 BILLION plus shares on issue. 1 cents imo would be around fair i guess.
Agree though these types of movements are detrimental to not only the company but newbies who have no idea of the underhanded games that are played on this asx casino.
I know first hand i have been burn't on these games and had to learn the hard way and i have been bitten too many times and am shy now.
The SHN pump and dump scam, page-2
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Last
1.5¢ |
Change
-0.001(3.33%) |
Mkt cap ! $22.22M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $31.50K | 2.226M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2661334 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 1387729 | 7 |
View Market Depth
| Last trade - 14.08pm 07/06/2024 (20 minute delay) ? |
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Last
1.5¢ |
Change
-0.001 ( 3.33 %) |
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| Open | High | Low | Volume | ||
| 1.4¢ | 1.5¢ | 1.4¢ | 3100885 | ||
| Last updated 14.41pm 07/06/2024 ? | |||||
| SHN (ASX) Chart |