seems like good value now down at 36c, with one concern I haven’t really worked through…
still have $45m provisions left for onerous contracts
does anyone know what these relate to?
the annual report mentions them multiple times without describing in any way the specific contracts
seems quite opaque to me and provides no comfort that they have the capability to not make similar mistakes
in the future
was probably covers in prior years, but just wondering if anyone on here can provide some insight?
Ann: 2023 Annual Report, page-25
Add SWM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.5¢ |
Change
-0.010(5.71%) |
Mkt cap ! $253.9M | |||
| Open | High | Low | Value | Volume |
| 16.8¢ | 17.5¢ | 16.5¢ | $32.48K | 191.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 207365 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 648665 | 12 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| SWM (ASX) Chart |