1.SWF is one of the largest clients of OM, SWF awards contract to OM, not the other way round. There are OM competitors out there who are willing to provide similar service for SWF, I think it is important for you to distinguish the difference between the two parties. 2. OM provides some sort of clearing for international trading, but there are many other service providers that SWF can choose from. All service contracts would go through a tendering process, judging their service quality and price. https://openmarkets.com.au/assets/documents/forms/OpenMarkets-Financial-Services-Guide.pdf 3. Andrew Ward is no longer a team member of SWF, he's free to sell out his holdings according to his own commitments and pursuits. You should pay more attention to existing institutional investors, such as the movement of shares of Datt Capital, now the largest shareholder of SWF. Read their views and long-term target first, before you jump into any premature conclusions. https://www.livewiremarkets.com/wires/an-update-on-a-high-growth-opportunity
If you are so pessimistic about SWF, it might be best for you to sell out quickly. Doesn't make sense for you to stay on a 'Sinking Ship'.
SWF Price at posting:
46.5¢ Sentiment: Buy Disclosure: Held
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