SW1 0.00% 1.6¢ swift networks group limited

Ann: Trading Halt, page-9

  1. 246 Posts.
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    Without inlcuding Chi-X, on the ASX the 5 day VWAP is around 4.5 cents by my rough calculation looking at the volumes as price range of the days leading up to the trading halt. Given most placements are at around 10-15% below the VWAP, this would make it around 3.8 - 4.05 cents, which would also be the price for the SPP - quite an attractive proposition I would imagine. it will be interesting to see what price they come back on at after the TH is lifted.

    There are lots of postive developments and announcements, and it would appear that the company under Pippa's leadership is going somewhere. It would engender even more interest in the investment community if there were further Board renewal with strong independant Directors/Chair.
    Last edited by willowpip: 19/11/20
 
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