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2.0¢ sunshine metals limited

just that it's hard to get set close to the sophs price

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Chubbito

3,782 Posts.

26/06/15

19:13

Post #: 15538972
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Originally posted by heraclitus ↑

Resort and hotel background by the looks. Wonder if there's an acquisition link or just a mate.

$600k raised from the CR.

$4M from the asset sale. $400k min received already, another $800k in 90 days and the rest on completion of sale.

So potentially $4.6M cash for a shell with a $2.9M mc, who've made it clear they're on the hunt for projects, mgmt all good skin in the game and new SH in for $160k.

My only gripe is the lowball placement @ 005 and the 50M bonus shares to the underwriter (i.e. director) at basically no consideration.

But cheap by any measure in shell land.

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just that it's hard to get set close to the sophs price

PEL Price at posting: 0.8¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 2.0¢		Change 0.000(0.00%)		Mkt cap ! $29.07M

Open	High	Low	Value	Volume
2.0¢	2.0¢	1.9¢	$92.06K	4.681M

Buyers (Bids)

No.	Vol.	Price($)
5	1411874	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.0¢	1194807	6

View Market Depth

No.	Vol.	Price($)
5	1411874	0.019
14	5116839	0.018
8	4272058	0.017
4	165721	0.016
19	5848432	0.015

Price($)	Vol.	No.
0.020	1194807	6
0.021	1118617	5
0.022	2211178	5
0.023	1477935	6
0.024	1065000	4

Last trade - 12.51pm 19/04/2024 (20 minute delay)


Last 1.9¢			Change 0.000 ( 5.00 %)
Open	High		Low	Volume
2.0¢	2.0¢		1.9¢	4586461
Last updated 13.49pm 19/04/2024 ?

SHN (ASX) Chart