SWF 0.00% 13.0¢ selfwealth limited

I see you are now flagged as a holder, guess the 13.5-14c range...

  1. 314 Posts.
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    I see you are now flagged as a holder, guess the 13.5-14c range convinced you to dip your toe in the pond, not exactly sure when you bought in.

    The for sale sign is probably dependent on Datt, I just did a quick scan of substantial shareholder notices and I get the following for him.

    38,298,559 shares bought for $8,727,354.41 or an average price of $0.2279. He has 38,845,748 shares total so I have missed 547,189 shares somewhere, but that is unlikely to change the average substantially. All up he has 16.5% of the company, so a blocking stake for a complete takeover.

    The company knocked back stakes offer at 17.5c/share, so what would he/they be willing to take? I am guessing it would have to be north of 20c before they would come to the table, it just comes down to if he is willing to suffer a (small) loss to get his cash off the table, or, after the 4+ years that he has been invested that he would want to walk away with some profit to show for the near $9m invested so far.

    But north of 20c is a tough ask given you could recently buy at 13/13.5c!

 
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13.0¢ 13.5¢ 13.0¢ $9.41K 72.18K

Buyers (Bids)

No. Vol. Price($)
10 214354 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 30524 4
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Last trade - 14.52pm 24/05/2024 (20 minute delay) ?
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