SW1 0.00% 1.4¢ swift networks group limited

@tle85 - g'day!! Hope you are really well. Nobody on this forum...

  1. 1,612 Posts.
    lightbulb Created with Sketch. 1845
    @tle85 - g'day!! Hope you are really well.

    Nobody on this forum will be able to give you advice on whether you should sell your SW1 shares - or if you should average down.

    Forum rules prevent such advice, and that's why you will see statements like "do your own research" or "not financial advice" posted everywhere on Hot Copper

    As a long term holder who first purchased SW1 shares around 25 cents (& who topped up twice in the 35 cent range), but have since averaged down to now have an average purchase price of just under 2.7 cents, my own personal opinion is that SW1 has turned the corner.

    Pippa & co have closed down all non profitable parts of the business, they are laser focussed on increasing revenues & margins in their 3 key areas (mining / aged care / & now retirement villages) - and SW1 now has a strong balance sheet (with around 7m in cash plus the MXO investment).

    The upcoming quarterly reports & full year reports & other announcements should start to clearly show this progress.

    Good luck with your decision making
 
watchlist Created with Sketch. Add SW1 (ASX) to my watchlist
(20min delay)
Last
1.4¢
Change
0.000(0.00%)
Mkt cap ! $9.156M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 190996 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 300000 1
View Market Depth
Last trade - 16.11pm 13/09/2024 (20 minute delay) ?
SW1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.