SW1 0.00% 1.8¢ swift networks group limited

GAP Gone... Incoming Escrow, page-27

  1. 5,507 Posts.
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    Have a look at FZO guys. Share issue at 50c. No bad news, yet stock got driven down to 26c. A couple of good announcements and it rose back up to 47c today (temporarily).. While I think the SW1 performance shares are not a good look and mask the true expenses for the year, these probably aren't to be repeated. I believe there's some manipulation at play here.. Having said that, I sold out at break even on the announcement the other day purely based on the share price action being similar to FZO.. I wouldn't be surprised if this goes back to 20c for one day before it rebounds. Keep some cash handy just in case.
 
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