SHJ 1.44% 70.5¢ shine justice ltd

Liquidate Shine, page-4

  1. 4,268 Posts.
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    I don’t necessarily support a liquidation unless we meet a very truculent Morrison/Roache who basically make it known that retail SH can do a diIpsy- doodle because we just don’t matter.
    personally I want more detail as to the future use of cash flows and future growth plans. But growth for growths sake is usually cancerous and so expanding outside of ANZ is a no go for mine. Which means directors should be considering CAPEX for future ANZ growth in legal related matters - specifically including backing AI tech which will disrupt traditional legal services going forward.
    surely the two gentleman who hold a gun to the heads of we pleb retail shareholders must be considering their mortality and their families futures. This means enticing insto investors attracted by a commitment to getting the SP close to real value by (a) implementing a solid dividend policy attached to a percentage of net operating cash flows (b) committing to a special dividend policy associated with lumpy wins like Ethicon (c) share buy backs - which I am in favour of given the unfranked dividends and (d) Morrison and Roache selling down their percentages by offerings to instos. Better still, a similar offer to retail shareholders.

    so, I wonder if we should all make our points known with individual letters to all directors plus, getting the ear of financial journos.
    BUT I DO AGREE WITH the general premise of agitation for a greater reflection of intrinsic value.
 
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