Ouch. The $115m loss erased 20% of SHV's equity. Shortman has 7.45% sold short, a big position. A significant share price correction has to be ahead.
Yes, there is a promising 2024 crop on the trees, forbearance from lenders and a ready market for almonds.
This will be a tough summer.
I am out and my price target is savage. Sorry for holders.
Ash
Ann: FY2023 Results Presentation, page-5
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Last
$3.57 |
Change
-0.040(1.11%) |
Mkt cap ! $508.7M | |||
| Open | High | Low | Value | Volume |
| $3.61 | $3.61 | $3.55 | $285.4K | 79.59K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 439 | $3.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.32 | 566 | 1 |
View Market Depth
| Last trade - 15.59pm 04/11/2024 (20 minute delay) ? |
| SHV (ASX) Chart |