This is Shine's Quindell moment, they will probably survive unlike Slater and Gordon. If they naturally get smaller, don't take on new staff or long cases and close offices or reduce their footprint, they may generate more cash as a percentage of profit and hopefully generate more cash than profit as cases mature. The class action business appears frought with danger. Performing businesses like Stephen Browne could be sold off at a premium to Shines general business and therefore improve the balance sheet but thats the sort of business model that is OK for shareholders. They have to curtail growth as new fee earners on the whole don't earn anything for their first two years. A cut in executive salaries affer this debacle is warranted.
- Forums
- ASX - By Stock
- SHJ
- Ann: J&J/Ethicon Mesh Class Actions Update
Ann: J&J/Ethicon Mesh Class Actions Update, page-18
-
- There are more pages in this discussion • 63 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SHJ (ASX) to my watchlist
(20min delay)
|
|||||
Last
80.5¢ |
Change
0.005(0.63%) |
Mkt cap ! $139.4M |
Open | High | Low | Value | Volume |
81.5¢ | 81.5¢ | 80.5¢ | $11 | 13 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 30001 | 80.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
84.5¢ | 2500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.805 |
1 | 9423 | 0.800 |
1 | 32012 | 0.780 |
1 | 1405 | 0.710 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.850 | 26358 | 4 |
0.890 | 9572 | 1 |
0.900 | 5000 | 1 |
0.920 | 19801 | 1 |
0.940 | 20276 | 1 |
Last trade - 10.11am 27/09/2024 (20 minute delay) ? |
Featured News
SHJ (ASX) Chart |