SHJ 1.12% 88.0¢ shine justice ltd

Ann: AGM Chairman's Address and Managing Director's Presentation, page-37

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  1. 178 Posts.
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    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
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