Momentum is what the SWF shares are all about so far not profit. The BW report if th enumbers above are correct are going to be a big miss, given FY 21 they forecast $21m revenue and $3.6m PBT.
I would be surprised if the revenue was more than $16m and profit more than $1m given the quarterlies remembering cash flow and profit are very different.
If the focus is on growth not profit for shareholders like Datt the shares will continue to defy normal valuation metrics and SP should continue to head higher.
BW Equities Valuation, page-74
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Last
24.5¢ |
Change
-0.005(2.00%) |
Mkt cap ! $56.52M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 24.5¢ | 24.5¢ | $549.0K | 2.241M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1161521 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 642012 | 11 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| SWF (ASX) Chart |