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2.78%

70.0¢ shine justice ltd

Ann: FY17 Half Year Results Announcement Date, page-91

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1,182 Posts.

92

09/03/17

11:37

Post #: 23212871
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Originally posted by dannyboyLIAC ↑

I encourage all shareholders to do the same as well, More importantly a correction the trade off with the purchases and the share value ( then and now,) is a theoretical consideration not an accounting consideration. So even though it would significantly improve the situation IE reduce the theoretical acquisition cost by $6.3M it would not actually improve the results by such , and I don't believe it could have been used to offset the (unrequired) goodwill deduction. It just would be a gain, that would be difficult to account for.
IE we bough a building for $10M ( $9m cash plus $1M shares) but later on we bought those shares back for only a $100K so the building theoretically costs us on $9.1 , but it will still be in the accounts for $10 and is almost impossible to resolve accounting wise as its Share count went up , Share count goes back down to the same count ; but you theoretically got a $10M assets for $9.1M cash.

sorry about the error folks.
DannyboyLIAC

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Is this all a plot by Morrison and Roche to buy back the company they floated half the price they sold it.
I dont want to be Stephen Roche's and Simon Morrison's Alan Bond.

SHJ Price at posting: 59.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 70.0¢		Change -0.020(2.78%)		Mkt cap ! $121.2M

Open	High	Low	Value	Volume
70.0¢	70.0¢	70.0¢	$2.649K	3.784K

Buyers (Bids)

No.	Vol.	Price($)
1	3448	69.0¢

Sellers (Offers)

Price($)	Vol.	No.
70.0¢	6216	1

View Market Depth

No.	Vol.	Price($)
1	3448	0.690
1	25033	0.685
1	800	0.620
1	42683	0.585
1	865	0.580

Price($)	Vol.	No.
0.700	6216	1
0.725	52641	1
0.730	25100	2
0.750	33433	4
0.755	83623	2

Last trade - 12.25pm 05/08/2024 (20 minute delay)

SHJ (ASX) Chart