re: please close the curtains-its embarrassing The ramping of this puppy falls into the somewhat classical one line pump, toss in a chartist term, more happening but I can't tell you , in situ valuation but ignore recovery costs, style hype!LOL
Have yet to see any reasoned discussion on the commercial aspects of the current transaction. Anyone care to speculate that whilst the daytraders kick this one up a cog the vendor may just decide to increase his 'option' price?
Don't forget, the management team of this leading kennel club stalwart neglected to agree an option exercise price for this transaction before they committed to spending serious moolah on a due diligence programme! (fwits!)
Then throw in the duck diving medallion, even if an extortionate price is settled on (which it probably will be as we are not exactly dealing arms length here coz we bought some crud moosepasture off the same bloke as he said we might find uranium there if we got totally lost, incredibly sh!tfaced, and forgot how the chemical formulae for u3o8 works again.), we have to finance same-, then-, then-, then-, the same porky teller with a track record Phar Lap would be happy with (for the wrong reasons!LOL) still has to commercialise his own project before the SHN clayton's optioned project gets traction.
So there we have it. An expensive option at an indeterminable option exercise price ,with negotiations for that option already in train to take place with the company's largest shareholder (independent?) on a project that can only proceed if said shareholder ever gets his own project off the ground (he has tried around half a dozen times so far!). Get that strange feeling you are being stung?????????
Just remember, the higher you push the share price, the higher the option price will be. the expression 'sucker' comes to mind.
Sorry I could not compress it to one line, but then I am not a ramping bullsh!tartist either!
Cheers,TAS
- Forums
- ASX - By Stock
- SHN
- alot happening behind the curtain!
alot happening behind the curtain!, page-11
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SHN (ASX) to my watchlist
|
|||||
Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $20.63M |
Open | High | Low | Value | Volume |
1.4¢ | 1.5¢ | 1.3¢ | $192.3K | 13.52M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1181343 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 533000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1181343 | 0.013 |
11 | 2155299 | 0.012 |
16 | 4942609 | 0.011 |
11 | 3925099 | 0.010 |
6 | 770999 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 533000 | 2 |
0.016 | 1100000 | 2 |
0.017 | 980881 | 7 |
0.018 | 1010000 | 3 |
0.019 | 2860630 | 4 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
SHN (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online