SHA shape australia corporation limited

While there was a high of 79c yesterday, the VWAP did not come...

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    While there was a high of 79c yesterday, the VWAP did not come close. Today's VWAP of 70.67 was much higher. Close of 72 was pretty good today as yesterday's close of 77 was a bit flattering.

    A bit more info:

    The company stated that it will quickly develop into a producing gold mine. Carr, the Principal Director, who founded Carrick Gold (huge in 2005), is a top man. He has 10 mill shares. On listing, they raised, $2.6m. Cash assets are 4.3m.

    There are 6 mill unissued shares (options) exercisable at 20c on or before 31/12/08. 17 shareholders own 63% of the listed shares. They are listed in Berlin.

    The current listed number of shares are 13m with approx 12m in escrow, giving the current diluted MD as only $18m.

    This could fly to well over a $1.00/$1.50 in a matter of weeks. Incredibly tightly held and very well managed.

    Look out IMO.



 
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(20min delay)
Last
$4.18
Change
0.000(0.00%)
Mkt cap ! $348.9M
Open High Low Value Volume
$4.17 $4.23 $4.08 $182.2K 44.19K

Buyers (Bids)

No. Vol. Price($)
1 4131 $4.08
 

Sellers (Offers)

Price($) Vol. No.
$4.29 1006 1
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Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
SHA (ASX) Chart
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