SWP 0.00% 22.0¢ swoop holdings limited

anyone know??, page-2

  1. bbm
    2,264 Posts.
    That's a pretty subjective question brian. The response you will get will be biased toward the psychology of the individual, whether they hold or don't.

    The results were not a flop, nor were they out of this world as some have been spruiking. Lots of takeover talk has also kept buying pressure on for the last month or so.

    Given the nature of the announcement and one's psychology, the sell down after yesterday's announcement was always going to happen. I would suspect further selling pressure from today which should take it into the 70's.

    You must remember that FCN has been strongly driven by announcements and rumours and come off a very low base.....what's it worth?.... who knows.

    No immediate announcements should see it drift downwards. I will be looking at re entering in the low 70's, high 60's. If it doesn't go that far, so be it.

    Good luck to all.

    PS. I do not hold.
 
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