Yes and I believe there is much more to this story and the other 3 listed players in this sector on the ASX.
It wasn’t that long ago that SIQ rejected a lower revised take over offer of $9.20 per share. And since then car supply is starting to improve and I reckon SIQ will be swamped by operating cash flow in FY’24. And will prove up the fabulous capital lite business model.
I think the best advice I can give is strap and enjoy the ride.
New One Year High, page-4
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Last
$8.40 |
Change
0.060(0.72%) |
Mkt cap ! $1.125B | |||
| Open | High | Low | Value | Volume |
| $8.31 | $8.48 | $8.30 | $2.432M | 289.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1215 | $8.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.42 | 720 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| SIQ (ASX) Chart |