I thought they were undervalued before the half year result came out then the price started rising on reasonable volume and has barely paused for breath since then.
22/2/13 closing price $1.77
22/3/13 closing price $3.01
Out of 20 trading days we've had 4 in the red, 3 steady and the rest? Up, up and away.
In most stocks a rise like this on the news released in 2013 we'd have seen some decent retracements with profit taking but this buyer, or buyers just keep bidding up the price rather than pause to wait for sellers to come to them.
It's got me bewildered but it's nice to see the chart of the last 12 months. I prefer not to look too far back as the chart then doesn't look so good.
With todays close we are now above the capital raising price, which means that every parcel in SHV that I've acquired is now green for me.
resent spike, page-7
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Last
$3.95 |
Change
0.410(11.6%) |
Mkt cap ! $478.1M | |||
| Open | High | Low | Value | Volume |
| $3.65 | $3.96 | $3.65 | $1.359M | 352.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 876 | $3.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.96 | 1147 | 1 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| SHV (ASX) Chart |