SIO 2.50% 19.5¢ simonds group limited

Ann: Becoming a substantial holder-SIO.AX, page-19

  1. 490 Posts.
    lightbulb Created with Sketch. 44
    It's interesting that a major holder is technically their competitor, I think this highlights the undervalued nature of SIO as a competing firm wouldn't invest a significant amount unless they saw it being heavily undervalued.

    Expect the SP to stay relatively stagnant until the new financial year, as a lot of people will be selling at the moment for the tax deduction.

    A market update including dividend announcement will see an increase in SP, however, I wouldn't expect that till August. If a dividend is announced in line with last year the SP will increase substantially as the dividend payout would be +15%
 
watchlist Created with Sketch. Add SIO (ASX) to my watchlist
(20min delay)
Last
19.5¢
Change
-0.005(2.50%)
Mkt cap ! $70.18M
Open High Low Value Volume
21.0¢ 21.0¢ 19.5¢ $13.89K 69.71K

Buyers (Bids)

No. Vol. Price($)
2 60810 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 94925 3
View Market Depth
Last trade - 15.52pm 19/08/2024 (20 minute delay) ?
SIO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.