The only way forward for Shine is to delist. Either PE or the two major shareholders buy it back. Either result will not be good for shareholders.
The major issue which needs to be sorted before then is the interest debt. Shine need to accept it and pay off the balance. Bringing another application will only end in pain for Shine.
Ann: Form 603 Notice of initial substantial holder - iolite, page-9
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 (20min delay)
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Last
70.0¢ |
Change
-0.045(6.04%) |
Mkt cap ! $121.2M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 70.0¢ | 70.0¢ | $1.68K | 2.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.5¢ | 13662 | 1 |
View Market Depth
| Last trade - 10.08am 14/06/2024 (20 minute delay) ? |
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Last
70.5¢ |
Change
-0.045 ( 3.75 %) |
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| Open | High | Low | Volume | ||
| 70.5¢ | 70.5¢ | 70.5¢ | 1092 | ||
| Last updated 14.50pm 14/06/2024 ? | |||||
| SHJ (ASX) Chart |