Here's what spooked the market back in January 2016 where the share price plummeted from $1.97 to just 52c - I suspect ditto is happening right now.
"As announced to the market on 29 January 2016, the Company conducted a detailed review of its work in progress recovery rates andprovisioning methodology. The review identified that additional provisions of $16,558,829 were required against work in progress andrelated disbursements to reduce their carrying value to their expected recoverable amount."
Here's what spooked the market back in January 2016 where the...
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Last
74.5¢ |
Change
0.040(5.67%) |
Mkt cap ! $129.0M | |||
| Open | High | Low | Value | Volume |
| 74.0¢ | 74.5¢ | 74.0¢ | $18.29K | 24.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 69.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 25000 | 1 |
View Market Depth
| Last trade - 10.09am 02/07/2024 (20 minute delay) ? |
| SHJ (ASX) Chart |