I have to say one week since the announcement and the SP is sitting pretty at the 40c mark, this is a great sign.
Realistically we should expect a price increase in the short to medium term now, however I believe the next market update will reflect the change in business and price will be reflective of future earnings potential .
My biggest concern in terms of paper value was that the update would scare some investors and push prices lower, however given the quality of our co share holders I think we are in for a SP increase slowly as the year progresses. Henry Morgan limited (HML) don't invest where they don't see a ROI of about 100% or more so that's my target
I have to say one week since the announcement and the SP is...
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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 |
View Market Depth
| Last trade - 16.12pm 17/06/2025 (20 minute delay) ? |
| SIO (ASX) Chart |
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