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SWF selfwealth limited

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It’s almost entirely one seller. My feeling is Lee Gaywood...

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Cp dog

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174

23/01/25

11:50

Post #: 77528587
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Originally posted by vin123: ↑

I am not surprised by the sell-off this morning. The report lacks transparency, with about $3M disappearing in security, software management, and IT spending. Did they subcontract work to one of the director's IT consulting companies and pocket the money? Anyway, I took a 70% profit and gained another 30% from other companies. I currently have a $500K portfolio in SW and will switch to a lower-cost broker if Bell or another acquisition company forces members to transition to their expensive platform.

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It’s almost entirely one seller. My feeling is Lee Gaywood selling down his remaining holding. He had about 10-11M shares and was recently dumping his stock a few months ago ( his average purchase price is about this price whereas other big players have paid around 30c average) .

SWF Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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It’s almost entirely one seller. My feeling is Lee Gaywood...

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