Nice work Tim. Liquidity is a certainly an issue.
One thing I'd like to see Shine do this reporting season that won't cost a thing is do a better job selling the company and in particular spell out the details relating to the financials,WIP and cashflow.I really think this is the main issue concerning Shine, it's a bit of black box. And of course one bitten-twice shy .
They need to attract the large buyers like JP Morgan again and we might see wider institutional interest.
Maybe a few years after this and at a decent sp shj could afford to raise some capital for acquisitions again. (Wishful thinking I know!)
We need to get the PR guys who sold the overpriced IPO back, surely the company is in a better state than 5 years ago!
Nice work Tim. Liquidity is a certainly an issue. One thing I'd...
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Last
83.5¢ |
Change
0.020(2.45%) |
Mkt cap ! $144.6M | |||
| Open | High | Low | Value | Volume |
| 84.0¢ | 84.5¢ | 80.0¢ | $42.13K | 50.44K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7723 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 999 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| SHJ (ASX) Chart |