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.
I think they're shutting the ETF. Somebody mentioned an email...
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.38M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 257336 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 150073 | 6 |
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| Last trade - 16.12pm 08/11/2024 (20 minute delay) ? |
| SWF (ASX) Chart |
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