Maybe big bears are trading every day to controll the share price and their total profits.
They can reduce the total profits by making losses from SWM trading,but they can hold the nearly same number of shares.
Look closely,the most of cases,share prices are not going up when share buybacks are being done.
Why SWM is worth more than $1.50 per share, page-148
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 (20min delay)
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Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $300.1M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.5¢ | $282.8K | 1.409M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1632788 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 50275 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
19.8¢ |
Change
-0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 20.5¢ | 20.5¢ | 19.5¢ | 686171 | ||
| Last updated 15.58pm 16/05/2024 ? | |||||
| SWM (ASX) Chart |