I'm sure we will see what happens tomorrow hopefully an offer more reflective of a fare value. I would agree with you anyone holding since the IPO would be furious with the current offer and it would be reason to investigate how the company has had such a substantial drop over a relatively small time period.
It would be reasonable to suggest a premium was paid at IPO however not such that a drop of 80%+ is warranted.
I'm hoping tomorrow we see a new offer tabled at 60c+, I would however still view this as a disappointment if I had of brought in pre Jan this year. One must keep in mind that prior to Jan the company was trading around 80c mark
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $59.38M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 69999 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 40000 | 1 |
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| Last trade - 16.12pm 17/06/2025 (20 minute delay) ? |
| SIO (ASX) Chart |
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