As the announcement notes, this completes the migration of SVHA entities over to SIQ which began last year, so this announcement and it's timing isn't really a surprise. It's probably long been factored in the sp, and I don't see any indications it's becoming a trend. Of course SIQ is going to be pursuing more clients like this, but with the barriers to switching you mentioned I'd say the market favours MMS in the medium term.
As the announcement notes, this completes the migration of SVHA...
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Last
$17.48 |
Change
0.150(0.87%) |
Mkt cap ! $1.217B | |||
| Open | High | Low | Value | Volume |
| $17.34 | $17.56 | $17.20 | $3.730M | 213.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 954 | $17.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.48 | 13448 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| MMS (ASX) Chart |