At this moment in time I can't see the point of trying to value it - the trend is clearly down, and if I've learnt one thing in thirty years of investing, "The trend is your friend" would have to rank pretty highly. I still don't think investors have fully realized the impact that trying to compete with Netflix is going to have on SWM. Netflix market cap is around US$34B whereas SWM is a mere minnow at around US$1B. When investors see that SWM has been spending like a drunken sailor merely to TRY to compete with Netflix it's likely that panic selling will set in - I've seen it over and over in similar situations. There's a mad rush for the exits and the sp falls like a stone. Then of course there's the rapidly accelerating move away from 'the box' to mobile devices, Ipads etc - I'm not just reading about it in articles but seeing it all around me every day. People who can't see what's happening must be living in retirement villages or something.
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $269.3M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 17.0¢ | $48.92K | 280.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 411855 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 239649 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 411855 | 0.170 |
3 | 953474 | 0.165 |
10 | 499768 | 0.160 |
5 | 480693 | 0.155 |
23 | 687225 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 239649 | 2 |
0.180 | 482473 | 7 |
0.185 | 491475 | 8 |
0.190 | 588059 | 9 |
0.195 | 92027 | 3 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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SWM (ASX) Chart |