I called the bottom of the SHV slide at $2.80, however that is only my opinion and maybe not the markets. I always do think “the market” goes a lot higher than you think and conversely a lot lower than anyone thinks is reasonable.
to replicate SHV would take an enormous amount of time and investment. In fact it would almost not be possible, shareholders just require a frugal and intelligent management team, to restructure and remove unnecessary costs.
An equity investment requires 18.5% return, and at SHV current share price that return must be approaching fast.
humans always get greedy and wait for the market to become completely irrational. A very good friend of mine a stockbroker says “bottom pickers get smelly fingers”, and in my experience he is right.
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Last
$3.63 |
Change
0.000(0.00%) |
Mkt cap ! $498.4M |
Open | High | Low | Value | Volume |
$3.63 | $3.69 | $3.61 | $941.6K | 258.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 6794 | $3.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.64 | 475 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 6794 | 3.610 |
6 | 7736 | 3.600 |
3 | 6862 | 3.590 |
2 | 1862 | 3.580 |
2 | 2025 | 3.570 |
Price($) | Vol. | No. |
---|---|---|
3.640 | 475 | 2 |
3.650 | 5872 | 2 |
3.660 | 375 | 1 |
3.670 | 11695 | 3 |
3.680 | 6862 | 3 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
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SHV (ASX) Chart |