ASWPersonally I would be concerned on quite a few fronts;1.SOI...

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    ASW

    Personally I would be concerned on quite a few fronts;

    1.SOI 193M and Directors hold 110M (hence only 83M or 43% free carried)
    2. The Scheme arrangement announced today(at 16.5c) is the only reason for today's price.
    3. The market is disinterested ( as per the market depth)
    https://hotcopper.com.au/data/attachments/5570/5570362-3ce0f310f9b363881bb61a25566ac137.jpg

    4. Chart wise it is sitting at resistance
    https://hotcopper.com.au/data/attachments/5570/5570371-b00a2726c630a1ddaaa423c562ced54b.jpg

 
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