SIO 0.00% 16.0¢ simonds group limited

McDonald Jones Homes..

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    http://www.theherald.com.au/story/4825716/japanese-firm-takes-stake-in-mcdonald-jones/?cs=303

    SIO is 16% owned by McDonald Jones homes at an average price of about 45 cents, this is big news now if McDonald Jones still sees value and has big backing SIO could be in for a ride....

    I will wait and see, this could get interesting especially as previous bid blockers all paid around 45 cents saying value is closer to 60 cents to take this thing private.... I cross my fingers
 
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