It might just take a few days to sink in? I read three is the...

It might just take a few days to sink in?
I read three is the norm for the market to fully assimilate any news.
But as @Motoracebeerguy said, there does seem to be someone selling determinedly at every chance? .

....Still almost a million trades today is the highest volume since July 23 and 24 after Swick announced it had extended it’s order book to $353 million


Here is some media coverage which may spread market awareness.

Cheers.



https://thewest.com.au/business/min...k-for-first-time-in-five-years-ng-b881304587z
“Driller Swick in the black for first time in five years

Peter MilneThe West Australian
Tuesday, 27 August 2019 1:31PM
Peter Milne


Underground drilling performed by Swick.Picture: Swick Mining Services

Drilling contractor Swick Mining Services has snuck into the black for the first time in five years with improved performance from its base drilling business held back by investment in new ore-scanning technology.

The Guildford-based firm achieved a net profit after tax of $1 million for the 12 month to June 30 - after a $1 million loss the year before - on the back of a 4.5 per cent jump in revenue.

Swick managing director Kent Swick said the contractor’s focus was on successfully deploying new rigs to recently secured contracts.

“As deeper and more difficult drilling continues to increase, we see growth occurring with the development of our specialist DeepEX division,” he said.

Mr Swick said he expected revenue from Swick’s Orexplore mineral scanning technology to start coming through.

Dividends have restarted with the declaration of a fully franked final dividend of 0.6¢.

Swick rose 0.5¢, or 2.0 per cent, yesterday to 26¢.”