“Why is the shareprice so low, other than being regarded as a legacy business and stubbornly still not paying dividends”
The only response I have to that question is that this is a quasi listed company, more like it is owned by KS and he is looked upon as the owner of SWM and more a West Australian company by the market.
Any other board of a listed company would have declared a dividend based on the last result and our financial position, but if KS says no div then no div!
No interest, just day traders flipping it for half a cent like a typical penny stock.
“Why is the shareprice so low, other than being regarded as a...
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $238.5M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.5¢ | 14.5¢ | $141.7K | 946.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 80801 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1047806 | 20 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| SWM (ASX) Chart |