It looks like Shine is now registered as a law firm in the US. It does not normally work out well for Australia companies thinking they can play in the big leagues. I would much prefer if Shine first tried to consolidate here, became a top PI firm, helped the SHJ price to grow and pay a consistent (franked) divvy.
https://ecorp.azcc.gov/CommonHelper/GetFilingDocuments?barcode=23031316230689
It looks like the American Manager is Dan Mori - the human rights lawyer Shine employed a decade ago. It would be nice to know what Shine’s plan is and how much they anticipate it will cost. Do they want to be a PI firm in the US? Do they think they can run class actions there? Are they planning to buy any US firms and aggregate like they have done here?
I am not sold on the idea, but will reserve my judgment until I know what their plan is and what is the cost.
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Last
83.0¢ |
Change
0.025(3.11%) |
Mkt cap ! $143.8M |
Open | High | Low | Value | Volume |
82.0¢ | 83.0¢ | 80.5¢ | $6.037K | 7.352K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 35822 | 80.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
83.0¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 35822 | 0.805 |
2 | 21923 | 0.800 |
1 | 700 | 0.750 |
1 | 948 | 0.740 |
1 | 1405 | 0.710 |
Price($) | Vol. | No. |
---|---|---|
0.830 | 5000 | 1 |
0.845 | 2500 | 1 |
0.850 | 20476 | 3 |
0.870 | 9869 | 1 |
0.900 | 5000 | 1 |
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