SHJ 3.47% 89.5¢ shine justice ltd

Could be manipulation - or just normal trading volatility. I do...

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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
89.5¢
Change
0.030(3.47%)
Mkt cap ! $144.2M
Open High Low Value Volume
89.0¢ 89.5¢ 86.0¢ $26.20K 30.02K

Buyers (Bids)

No. Vol. Price($)
1 10000 85.5¢
 

Sellers (Offers)

Price($) Vol. No.
89.5¢ 4468 1
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Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
SHJ (ASX) Chart
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