It's more promising because Stake has already done it but the offer is non binding and SWF have weak financials and the offer is crappy compared to where the share price was two years ago. This screams capital raising with a plan announcement with the new ceo is on the horizon. Fix the balance sheet and make the company an attractive buy for a binding offer. cap raise would need to be 12c. I don't think 15c would do it.
It's more promising because Stake has already done it but...
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $29.02M | |||
| Open | High | Low | Value | Volume |
| 12.3¢ | 12.5¢ | 12.0¢ | $2.336K | 19K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 91774 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 66722 | 1 |
View Market Depth
| Last trade - 13.49pm 30/08/2024 (20 minute delay) ? |
| SWF (ASX) Chart |