They have cash
.and this year to June would have had 50 to 70mln free cashflow...now it is used for 20% stake ...
I assume the only 2 reasons to buy it: 1. To do eventually take over 2. Not let other party to take over
Diversification makes sense..at what price?
Ann: SWM AGM Addresses and Trading Update, page-38
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Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $277.0M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.5¢ | 17.5¢ | $158.3K | 879.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14216 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 466719 | 11 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| SWM (ASX) Chart |