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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74.0¢ |
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Mkt cap ! $128.2M |
Open | High | Low | Value | Volume |
74.0¢ | 74.0¢ | 74.0¢ | $7 | 10 |
Buyers (Bids)
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---|---|---|
1 | 2 | 73.5¢ |
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Price($) | Vol. | No. |
---|---|---|
74.0¢ | 7527 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1515 | 0.660 |
2 | 4564 | 0.650 |
1 | 9347 | 0.645 |
2 | 39300 | 0.640 |
1 | 20000 | 0.625 |
Price($) | Vol. | No. |
---|---|---|
0.740 | 2527 | 2 |
0.750 | 4088 | 2 |
0.755 | 3979 | 1 |
0.780 | 14633 | 1 |
0.790 | 45 | 1 |
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