SHJ 0.00% 69.5¢ shine justice ltd

I haven't had a chance to digest the reports yet but a couple of...

  1. 642 Posts.
    lightbulb Created with Sketch. 52
    I haven't had a chance to digest the reports yet but a couple of concerns from having skimmed through.

    The below quote seems very bullish:

    "
    We are expecting increasing EBITDA growth in FY22, in the order of a low double digit
    percentage, subject to any material or unforeseen future impacts of the COVID-19 pandemic."

    Would be interested to know how they plan to pull this off now that the sugar rush of the mesh case has been accounted for.

    Additionally there is the following:
    "[GOCF] includes an amount of $20.91 million (excluding GST) received in
    respect of work in progress on the Mesh Class Action,
    in respect of which we await the High Court’s decision."

    There is clearly a risk that the High Court's decision will be unfavorable which would result in a loss of some or all of this $20m. To me (as a non-lawyer) this seems low risk but it is a risk none the less.
 
watchlist Created with Sketch. Add SHJ (ASX) to my watchlist
(20min delay)
Last
69.5¢
Change
0.000(0.00%)
Mkt cap ! $120.4M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 141 72.5¢
 

Sellers (Offers)

Price($) Vol. No.
75.0¢ 13044 1
View Market Depth
Last trade - 12.20pm 28/06/2024 (20 minute delay) ?
SHJ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.