Could be manipulation - or just normal trading volatility. I do wish I had some spare cash to buy at these prices though.
There was some shorting activity a while ago around the 90c mark, seems like they will do okay after all. I hope the settlement has the impact on the sp that you are expecting - I think it wil l- I'm just not sure that we have the same time frame. In the hip replacement case it took from ~1 july 2016 , $1.07 to around $1.50 on the 13/10/16. So it took the market around three months to reach it's peak after the announcement was released. Maybe, and I hope this is the case, it will take just a few days to see a big sp increase after the release but I don't know if that will be the case from experience - things tend to move slowly with SHJ. Most likely of course SHJ is in a much better position now than july 2016 looking at the business fundamentals.
All of this assumes a causation between share price and the de puy settlement and of course although this is likely we don't know this for sure or can quantify it.
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Last
88.0¢ |
Change
-0.010(1.12%) |
Mkt cap ! $144.2M |
Open | High | Low | Value | Volume |
89.0¢ | 89.0¢ | 87.0¢ | $55.34K | 62.41K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 13103 | 88.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
89.0¢ | 233251 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 28 | 0.840 |
3 | 5177 | 0.825 |
1 | 1 | 0.820 |
1 | 7723 | 0.800 |
1 | 936 | 0.750 |
Price($) | Vol. | No. |
---|---|---|
0.850 | 56508 | 9 |
0.865 | 1155 | 1 |
0.890 | 14633 | 1 |
0.900 | 10402 | 3 |
0.940 | 30000 | 1 |
Last trade - 13.02pm 29/11/2024 (20 minute delay) ? |
SHJ (ASX) Chart |