SHO 0.00% 0.8¢ sportshero limited

A number of (33 million) shares that were unlisted shares...

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    A number of (33 million) shares that were unlisted shares (usually allocated to directors and investors that funded the IPO etc.) come onto the market. The influence on SP largely depending on the intention of those holders. In most cases some of them sell which lowers the share price. It can lower it for a few days or much longer if the selling is prolonged and sustained. It is hard to predict what this will do to SHO but normally the SP will soften for most companies.
    Last edited by Jar-JarBinks: 30/01/18
 
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