Not saying that comment is entirely without merit, but in the context of SHJ I think it's a bit misguided. SGH would be a good place for that comment to go, but SHJ aren't going to be posting losses, they're not sliding into debt, they're not making any highly dubious and risky acquisitions.
I don't speak with much authority on SP as a relative new-kid to trading/investing, but working in this industry I know that SHJ isn't going anywhere and they will continue to rake in profits. Whether that will translate into a higher SP I have no idea, but that dramatic $2.00 to .56c drop looked/looks like a big overreaction to me.
Let's come back to this comment after the announcement and see whether I was right, or whether you can correctly diagnose myself and others with cognitive dissonance.
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Last
83.5¢ |
Change
0.020(2.45%) |
Mkt cap ! $144.6M |
Open | High | Low | Value | Volume |
84.0¢ | 84.5¢ | 80.0¢ | $42.13K | 50.44K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7723 | 80.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
83.5¢ | 999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7723 | 0.800 |
1 | 24997 | 0.790 |
1 | 33597 | 0.760 |
1 | 936 | 0.750 |
2 | 1688 | 0.730 |
Price($) | Vol. | No. |
---|---|---|
0.835 | 999 | 1 |
0.840 | 4667 | 1 |
0.850 | 63184 | 7 |
0.865 | 1155 | 1 |
0.890 | 14633 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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SHJ (ASX) Chart |