Ouch. The $115m loss erased 20% of SHV's equity. Shortman has 7.45% sold short, a big position. A significant share price correction has to be ahead.
Yes, there is a promising 2024 crop on the trees, forbearance from lenders and a ready market for almonds.
This will be a tough summer.
I am out and my price target is savage. Sorry for holders.
Ash
Ann: FY2023 Results Presentation, page-5
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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
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| SHV (ASX) Chart |