I suggest SIV were targeted by a sophisticated and well thought out scam, with that sort of money involved and with no quick paper trial to the culprits, it was clearly clever and most likely a once in lifetime raid that snook past all the internal checks and balances, SIV blinked, they took their eye off the ball for a few seconds and or an overly enthusiastic sales manager blessed the deal because he needed the numbers.
That aside I think it is very unlikely to ever happen again.
Full year guidance has been given at $20M+, so with only 5m in the bag from H1 they must be expecting a monster H2 and I don't think they are in a position to get the guidance wrong!
So I suggest they are over the worst and the SP will be back towards $9 by the end of the year but as always DYOR.....
I suggest SIV were targeted by a sophisticated and well thought...
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Last
15.0¢ |
Change
-0.010(6.25%) |
Mkt cap ! $7.576M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.0¢ | $1.463K | 9.632K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29637 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 3118 | 2 |
View Market Depth
| Last trade - 15.58pm 03/12/2024 (20 minute delay) ? |
| SIV (ASX) Chart |
