SHJ 0.57% 86.5¢ shine justice ltd

Debt will always increase if WIP increases, what is important is...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 681 Posts.
    lightbulb Created with Sketch. 30
    Debt will always increase if WIP increases, what is important is the debt/WIP ratio. That has to allow for the success rate 80% and the profit margin. Therefore applying a 20% profit margin, that for every 10M additional WIP there can be an increase in debt of $6M in crude terms.
 
watchlist Created with Sketch. Add SHJ (ASX) to my watchlist
(20min delay)
Last
86.5¢
Change
-0.005(0.57%)
Mkt cap ! $144.2M
Open High Low Value Volume
87.0¢ 88.0¢ 86.5¢ $46.29K 52.61K

Buyers (Bids)

No. Vol. Price($)
1 14962 86.5¢
 

Sellers (Offers)

Price($) Vol. No.
87.0¢ 4339 1
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
SHJ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.