shine lawyers SHG strategic positioning

SHJ over the last six months was bought up initially by value players sensing an opportunity. Because SHJ had been in the dog box for so long, those that wanted to sell, had done so already. This left a lack of supply on the sell side. Once the momentum crowd saw the nice price appreciation they started jumping in blind. Momentum players are now stuffed in the short term. Liquidity has dried up. From a value perspective I am happy with current price vs fundamentals. I was buying around 55c-60c, offloaded 50% of the position into the rapid share price rise earlier this year. Happy now to sit with my position on the sidelines and just watch