I think they're shutting the ETF. Somebody mentioned an email from SWF about it.
Effect -
- losing the potential of it becoming successful in future bull markets (if it can outperform instead of underperform, as the strategy may be better suited to bull markets than bear).
- Cutting $300k expenses.
- Losing $20-50k revenue.
Overall a positive. But fairly small relative to the millions of new expenses for staff/advertising.
Still could be +$250k to the annual cashflow statement.
ETF Closure
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SWF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.24M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 12.0¢ | $38.98K | 322.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 143092 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 2799 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SWF (ASX) Chart |