Firstly, how is this a 'pump and dump' - if none of the major insiders have sold? Secondly, 2 pretty respected firms - MAM - Microequities, and Wilson Asset Management have bought in stakes. Thirdly, Tattarang Ventures - which is owned by Andrew Forrest net worth is currently $16.5B - is the major shareholder. However, Oscar09 - some guy thinks it's some sort of fraud? Interesting. I don't disagree that it was probably overbought at little at $2 - with the recent double since IPO. But it is very undervalued now. In terms of "what holds the business together" - umm how about 35,000 customers on long-term contracts paying on average $840/yr?
Ann: Swoop H1 FY22 Results, page-6
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18.5¢ |
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Mkt cap ! $38.51M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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| 20.5¢ | 27894 | 2 |
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