I called the bottom of the SHV slide at $2.80, however that is only my opinion and maybe not the markets. I always do think “the market” goes a lot higher than you think and conversely a lot lower than anyone thinks is reasonable.
to replicate SHV would take an enormous amount of time and investment. In fact it would almost not be possible, shareholders just require a frugal and intelligent management team, to restructure and remove unnecessary costs.
An equity investment requires 18.5% return, and at SHV current share price that return must be approaching fast.
humans always get greedy and wait for the market to become completely irrational. A very good friend of mine a stockbroker says “bottom pickers get smelly fingers”, and in my experience he is right.
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Last
$3.98 |
Change
-0.120(2.93%) |
Mkt cap ! $481.8M |
Open | High | Low | Value | Volume |
$4.10 | $4.10 | $3.98 | $1.002M | 249.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1454 | $3.96 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.01 | 201 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 301 | 3.950 |
1 | 201 | 3.940 |
1 | 201 | 3.930 |
1 | 201 | 3.920 |
1 | 201 | 3.910 |
Price($) | Vol. | No. |
---|---|---|
4.010 | 201 | 1 |
4.020 | 201 | 1 |
4.030 | 201 | 1 |
4.040 | 201 | 1 |
4.050 | 201 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
SHV (ASX) Chart |
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