SIO simonds group limited

going up now?, page-9

  1. 3,833 Posts.
    lightbulb Created with Sketch. 561
    Huh LOL wut?

    It's unprofitable despite wildly positive prospectus forecasts. The directors have spent $7m buying back shares for an average of 5x the current sp. It has zero cash, and net debt. It makes a substantial part of its profit from VET Fee Help, which is getting cut like an emo teen. The housing market has peaked; they couldn't even make money when it was running hot so good luck doing so now.

    Please, tell us how this is a safe bet.
 
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(20min delay)
Last
14.0¢
Change
0.000(0.00%)
Mkt cap ! $50.38M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 178573 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 74360 1
View Market Depth
Last trade - 16.21pm 18/07/2025 (20 minute delay) ?
SIO (ASX) Chart
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