This is looking like a textbook head and shoulders pattern. To me 50c will be hit in the next couple of months.
It's sad to see a good company from the west with all its rich history to now be in such a predicament due to disruption alone.
The Stokes, Packer and Murdoch families have all been rogered by the disruption. So have many mum and dad legacy holders.
It's a shame they can't monetise journalism as they used to in the good old days. The real losers are ultimately the population and potentially democracy as the quality runs thin.
SWM - chart, page-3
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Last
17.0¢ |
Change
0.005(3.03%) |
Mkt cap ! $261.6M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.5¢ | $241.2K | 1.452M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 223836 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 218232 | 5 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| SWM (ASX) Chart |