SIO 0.00% 18.0¢ simonds group limited

I'm not sure if I'm the only one who noticed the small volume...

  1. 490 Posts.
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    I'm not sure if I'm the only one who noticed the small volume pushing the price back up today when it dropped.

    Call me paranoid but it does look like someone wants to keep the price around 40c, second occasion this has a occurred in the last week. Price dips then retraced later in the day.

    Could be a sign that someone will put a offer on the table 40c + to get the Simonds family to make the tough call to beat the offer (HML?). Hard for them to justify not accepting or recommending an offer 40c + when they wanted to only pay that price in a privitisation, any outside offer would have to be beaten by Simonds in order to keep the company in family hands.
 
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18.0¢
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Mkt cap ! $64.78M
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0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 2000 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 31499 1
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Last trade - 16.12pm 27/06/2024 (20 minute delay) ?
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