I would have thought the bots would have a bigger reaction to this?
Maybe this is too small cap for bots to be paying attention to?
Share buy backs are a mixed bag with small caps. It can often mean "we are out of ideas".
It could also mean they are doubling down on being a healthy small business chasing profitability rather than an unhealthy small business seeking growth at all costs. So much of their profit is linked to interest rates that it feels a bit precarious.
News: SWF Selfwealth Announces On-Market Share Buy Back, page-2
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Last
12.0¢ |
Change
-0.015(11.1%) |
Mkt cap ! $30.41M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 12.0¢ | $124.8K | 991.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 501540 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 32865 | 2 |
View Market Depth
| Last trade - 15.03pm 06/06/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
-0.015 ( 3.85 %) |
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| Open | High | Low | Volume | ||
| 13.0¢ | 13.0¢ | 12.5¢ | 102542 | ||
| Last updated 14.54pm 06/06/2024 ? | |||||
| SWF (ASX) Chart |