Been looking at this spec and bought a few yesterday on that dip.
Cap is about 8m and potential for a major rerating is there. Reminds me of LUM before it took off.
The guy behind it Cary Stynes joined in March and is a major shareholder He was previously the CEO of Media Entertainment which was taken over by Packer. Plan is to turn SWG into the kind of company that was planned for Media Entertainment. SWG has some high potential audio-visual entertainment and advertising products and the nouse to take them to market sooner rather than later.
Swg could be a sleeper that ends 2004 on a multiple of the current shareprice imo.
cheers
SWG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
