The article from The Australian, highlights the gross undervalue of the listed body SIO. Interestingly in the article it is highlighted that at least one of the competitor investors has flat out said no to the privatization at 40c holding (11+%) and with the two hedge funds unlikely to accept the deal; a revised deal is on the cards. Knowing that the Simonds family want to separate BAA to join it to the educationco I see that the valuation of BAA to be low considering it was valued at listing at over 10 times current value. This also highlights the position they are currently in that they have gone to great length to establish an education arm without BAA it is not a complete business.
While 70c+ is definatly a premium on the auditor value it would get the deal across as both builders and hedge funds would most likely approve of this price per share
http://www.theaustralian.com.au/bus...y/news-story/db0b259772cdae31fdaa33654b4da787
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.38M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 178571 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 74360 | 1 |
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| Last trade - 11.13am 16/07/2025 (20 minute delay) ? |
| SIO (ASX) Chart |
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