Pete what I think we are seeing is shaky legs on the families...

Pete what I think we are seeing is shaky legs on the families control. At present they hold the board, ill be interested to see how long we see the CEO staying on now.

MJH hasn't denied using SIO as a vehicle for entry into the Victorian market in the AFR articles they have only dodged the question not denied the possibility.

A JV between SIO and MJH makes sense it will be a matter of what price they will be willing to take out the rest of the holders should this materialize.

I'm not overly concerned with SP at the moment, the next announcement should show growth as per the last, given the family and related entities hold such vast holdings they would be wanting a dividend when possible so once growth is steady I would expect the first dividend to come through or a take over.

As one of our other investors who now owns 10% has said this is a long position and they saw it cheap at 40c.

I am buying sub 40c, but do your own research everyone