RBA raised.
Company could have been break even.
But the high marketing spend left them cashflow negative when some market factors were in their favour (not sign-ups or trades, but interest rates).
Which leaves retail investors less enthusiastic "unending cash burn, even when they reach #2/#3 market share".
But the marketing spend might be a one-off for the brand release. Somebody should ask them to justify the marketing cost at the AGM.
But big holders would be thinking - is the company good value at this price, and if the marketing cost is a one-off, then what will cashflow look like soon? And will any of the competitors disappear?
Stake - probably high cash burn, but a high cash balance to fund it.
Superhero - questionable future.
Pearler - questionable future.
Selfwealth - a sufficient cash balance relative to the cash burn, and cashflow likely to improve if the marketing budget was temporary for the brand release.
I think lots of companies are running into trouble after over-hiring due to the previous COVID demand.
- Forums
- ASX - By Stock
- SWF
- Ann: Quarterly Activities Report and Appendix 4C
Ann: Quarterly Activities Report and Appendix 4C, page-30
-
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SWF (ASX) to my watchlist
|
|||||
Last
13.0¢ |
Change
0.005(4.00%) |
Mkt cap ! $30.18M |
Open | High | Low | Value | Volume |
13.0¢ | 13.0¢ | 13.0¢ | $52K | 400K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6380 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 11422 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6380 | 0.125 |
2 | 64194 | 0.120 |
2 | 74396 | 0.115 |
2 | 200250 | 0.110 |
6 | 298149 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 7676 | 1 |
0.135 | 216252 | 9 |
0.140 | 161501 | 3 |
0.145 | 179913 | 5 |
0.150 | 443275 | 6 |
Last trade - 15.05pm 26/07/2024 (20 minute delay) ? |
Featured News
SWF (ASX) Chart |