I had a quick look at prior year accounts to check robustness of the balance sheet. About 28M net debt in 2019. Latest statement net debt is close to zero with an increase in assets. So the balance sheet is strong an the p/l makes sense.
large settlements expected now. These don’t add to profit as already booked however they convert the contract assets to cash so there is a further de risking of the balance sheet and shj can increase dividends or launch a buy back.
happy to hold and pick up a few more sub $1.
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Last
80.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $139.4M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 83.0¢ | 80.5¢ | $2.962K | 3.626K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28287 | 80.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.0¢ | 13232 | 4 |
View Market Depth
| Last trade - 14.11pm 03/10/2024 (20 minute delay) ? |
| SHJ (ASX) Chart |