It's interesting that a major holder is technically their...

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%