Confirmation that SWM is technically insolvent. Skating on very thin ice IMO. Will be interesting to see whether the Board pulls the plug if the market conditions continue to deteriorate..
Balance Sheet
As at 27 June 2020, the Group’s liabilities exceeded itsassets by $236.1 million (previously reported 29 June 2019:assets exceeded liabilities by $103.1 million).
Ann: SWM FY20 Full Year Results Release, page-14
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $277.0M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.5¢ | $110.4K | 627.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 231853 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 241658 | 6 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| SWM (ASX) Chart |