Look, we're all seeing the same thing here. SHP's got this potash project, right? They've been talking about building a plant, but honestly, it's just draining resources. Every time they need cash, it's another dilution, and who gets paid first? The directors. It's frustrating.For us, the best solution would be to put it up for sale, and quickly. First, it stops us from being diluted by an offering that pays directors' salaries. We’ve seen enough of that. Second, and this is the big one, when the US lifts sanctions on Russia and Belarus, and you know they will, potash will be flooding the market. It'll be so cheap, SHP won't even think about building that plant. It'll be a dead asset.I know some of you are hoping for some grand development, but realistically, we need to cut our losses. I think we'd be okay with 30 cents. Someone, somewhere, will see the value and take it off our hands. We need to focus on what SHP can actually do, not some pipe dream that's just going to cost us more in the long run. We've been patient, but it's time for a pragmatic move. These are my thoughts
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.415M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 4062431 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 4237 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 4062431 | 0.003 |
17 | 21478666 | 0.002 |
5 | 33100000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 4237 | 1 |
0.004 | 8640902 | 11 |
0.005 | 2305320 | 3 |
0.016 | 400000 | 1 |
0.000 | 0 | 0 |
Last trade - 09.46am 01/08/2025 (20 minute delay) ? |
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SHP (ASX) Chart |