i get the alarm but the volume is likely to have been generated (in part at least) by traders selling and buying the same parcels of stock several times over to related parties. Classic tactic to make it look like there is something fundamentally wrong. Loosen hands then, surprise surprise, after accumulation complete, big pump back up in the stock.
i remember SWM being smashed and contained prior to a VERY rapid run up from circa 50c to $1.00 in 2018 (i think). The stock is in much better shape now than it was then, with a fraction of the debt, similar ebitda f orecasts plus growth of BVOD. Probably done now to accumulate in anticipation of coming renewal of the dividend. My view is that kerry stokes will want to see dividends on his 40 percent shareholding and it will happen as a result
SWM Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held
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