The company is undervalued and the share price hovers around the the same level. Having a look at the organisations operations in particular the BAA side of the business shows a huge growth potential. The current share price seems to only reflect the insecurity with the VET fee system, not taking into account the stream lining of the business and the growth potential moving forward with the registered training organisation side of Simonds Homes.
Two directors have brought more shares in the past week, with the organisation held closely by Directors or related parties.
Can anyone shed some light of why the company has fallen from a $1.50 price point to $0.46 in the space of under 12 months ?
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SIO
simonds group limited
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16.5¢

Undervalued
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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($) | Vol. | No. |
---|---|---|
16.0¢ | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 69999 | 0.145 |
2 | 158846 | 0.140 |
1 | 27418 | 0.135 |
1 | 30000 | 0.130 |
1 | 5000 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 40000 | 1 |
0.165 | 60000 | 1 |
0.170 | 30000 | 1 |
0.180 | 82103 | 1 |
0.200 | 96 | 1 |
Last trade - 16.12pm 17/06/2025 (20 minute delay) ? |
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SIO (ASX) Chart |
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REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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