SHA shape australia corporation limited

Could be a good couple of weeks in store. I rely on Carr - he...

  1. 56,898 Posts.
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    Could be a good couple of weeks in store.

    I rely on Carr - he floated MiniSkips in mid 85 - the market cap grew from 3m to 130m in 12 months. He re-birthed a shell and called it Voicenet - in 5 years from his appointment to his departure, every $10K was worth $700K. In early 2005, he floated Carrick Gold and that again became one of the best performing stocks in 2005. He is a recipient of the Australian Entrepreneur of the Year Award.

    Now he has floated SHA and again this will mirror his previous projects - ala Carrick Gold. Carr own 10m shares.

    IMO, the nickel release will be within 7 - 14 days along with further details regarding the extension of their gold deposit.

    He is a cult figure.

    SHA listed at 25c in mid July - hit 92c on the 09/10.

    I am being conservative as I feel IMO that SHA is a mirror image of Carrick except SHA will surpass Carrick's lofty heights due to their register and ongoing results.

    Let there be no doubt that SHA has risk attached at current prices - however, more news re-gold extensions and the Western line re - cobalt and nickel is about to be released which will cause further interest.

    Currently is very cheap and may well be proved up very quickly.
 
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Last
$4.13
Change
0.100(2.48%)
Mkt cap ! $344.8M
Open High Low Value Volume
$4.03 $4.15 $4.00 $74.96K 18.42K

Buyers (Bids)

No. Vol. Price($)
1 10101 $3.96
 

Sellers (Offers)

Price($) Vol. No.
$4.13 1153 1
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Last trade - 16.10pm 31/07/2025 (20 minute delay) ?
SHA (ASX) Chart
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