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
I'm sure we will see what happens tomorrow hopefully an offer...
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Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $53.98M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 15.0¢ | $4.998K | 33.31K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 47429 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 41042 | 1 |
View Market Depth
| Last trade - 13.21pm 25/07/2025 (20 minute delay) ? |
| SIO (ASX) Chart |