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80.5¢ shine justice ltd

Ann: Market Guidance, page-87

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kewjonson

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02/02/16

15:08

Post #: 16923133
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Originally posted by buffettmunger ↑

I think maybe you can read what I posted on SGH forum. I have a big holding in Shine switched from Slater, few million in shares. I can move this support pretty fast if I want to because I have the volume to either switch more of my portfolio to SHJ or move it out of SHJ. Looking at the support you are talking about, I can move it 10 cents or more either way with a click of a mouse. I am not boasting or anything, but rather I am just trying to make everyone see how foolish it is you are trying to assess the market with those support numbers.

Even if most of you don't believe I have the volume to do so, then you have to admit someone has this volume. If they decide now it's the time to buy or sell, then now it's the time market moves. Your analysis should be on the value of the company versus current price, because that will be like gravity pulling the big bids in the direction of adjusting it to fair value.

Maybe I am being too harsh. Most people just want to watch a good drama and speculate on the drama, and who am I to stop speculation.

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Ah sorry I did not know that you were the market maker

SHJ Price at posting: 57.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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(20min delay)
Last 80.5¢		Change 0.000(0.00%)		Mkt cap ! $139.4M

Open	High	Low	Value	Volume
82.0¢	82.0¢	80.5¢	$167	208

Buyers (Bids)

No.	Vol.	Price($)
1	28081	80.5¢

Sellers (Offers)

Price($)	Vol.	No.
81.5¢	1459	1

View Market Depth

No.	Vol.	Price($)
1	28081	0.805
4	24548	0.800
1	700	0.750
1	948	0.740
1	1405	0.710

Price($)	Vol.	No.
0.815	1459	1
0.820	9998	1
0.840	13232	4
0.850	33249	5
0.865	1155	1

Last trade - 15.58pm 04/10/2024 (20 minute delay)

SHJ (ASX) Chart

Ann: Market Guidance, page-87

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Ann: Market Guidance, page-87

Top Stories

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Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

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Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News