EBITDA write down is of little concern.
Cash injection is good. That is real. It can pay bills or dividends, unlike WIP.
Shine were originally hoping to be awarded $100 million from the settlement for fees, disbursements, interest and the administration, but will receive a little under $36 million. Less than ideal. This order will put a line under all of that.
No mention of the mesh interest issue. The silence on that point screams the loudest. Have they been ‘preparing submissions’ for nearly six months now?
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Last
68.3¢ |
Change
-0.008(1.09%) |
Mkt cap ! $116.1M | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 69.0¢ | 64.0¢ | $86.96K | 127.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4483 | 68.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.5¢ | 841 | 2 |
View Market Depth
| Last trade - 15.27pm 16/06/2025 (20 minute delay) ? |
| SHJ (ASX) Chart |