@Toyota86star
The overall markets are getting hammered especially after the Jackson Hole speech, and we are now in September, a bad month historically on the ASX. We are now trading below what this was before the drill holes confirmed the resource and SS confirmed the economics. The negatives and reasons for this are in my view the macro markets(which I just talk about), Capex and timeframes. Capex was always going to look something like it does. If people expected any different they have rocks in their heads. Look at what BHP invested in Jansen. The timeframes are disappointing, but following German law. I also would like to see SHP see if they can expedite these with the support of Government. But they will need time to do this.
The bottom line is either your willing to wait several years or you’re not. This was always a several year proposition.
Cheers
kk
@Toyota86star The overall markets are getting hammered...
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $8.900M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $1.886K | 188.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1011500 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 293317 | 2 |
View Market Depth
| Last trade - 13.22pm 23/08/2024 (20 minute delay) ? |
| SHP (ASX) Chart |