SHN sunshine metals limited

Yes i agree. Even with exceptional results the market reaction...

  1. 69 Posts.
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    Yes i agree. Even with exceptional results the market reaction can be hohum.

    I think a lot has to do with the element of surprise (on the upside) for price appreciation. With a TH it tends to dampen the surprise. So with the TH the market is conditioned to expect a cracker result. Then cracker announcement is released and then the market goes "so whats next".

    Upshot is that investors are disappointed becase the price doesn't go up as much as expected. Then they sell so the price appreciation is muted.

    Hope I'm wrong in this case for SHN. Let's see what unfolds.
 
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(20min delay)
Last
1.0¢
Change
-0.001(9.09%)
Mkt cap ! $20.87M
Open High Low Value Volume
1.2¢ 1.2¢ 1.0¢ $45.05K 4.085M

Buyers (Bids)

No. Vol. Price($)
27 10539212 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 661741 1
View Market Depth
Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
SHN (ASX) Chart
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