You know what, I reckon that is the end game too, but its not a cash cow for SVW unless they receive cash from the business, and they don't without dividends. I do think, though, that the buyback, in raising Stokes' stake will make it a no-brainer to take out remaining shareholders at some stage. I remember him buying stock at the $2 level.
Ann: SWM announces on-market buy-back, page-15
Add SWM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $307.8M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 19.5¢ | $203.9K | 1.020M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 1612198 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 29056 | 2 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
|
|||||
|
Last
19.8¢ |
Change
-0.005 ( 3.66 %) |
||||
| Open | High | Low | Volume | ||
| 20.0¢ | 20.0¢ | 19.8¢ | 178355 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| SWM (ASX) Chart |