I'm at 9c average yaycar. Its on millions of shares. I've bought over 30 times from 6.5 to close to the last peak.
I see value upto 11c with a view of 50c in the future.
I have paid more than 11c, but I have a large qty at sub 7c to offset.
I see swm as an oversold recovery stock. Certainly not a day trading short term stock.
The key to swm is getting debts down, this removes financial risk for them.
Still I'm not 100% correct, I just hope I am on swm and all will be sweet.
I like oversold were the fundamentals do not match the value. Ie 240m ebit pa, cap 146m.
Swm is valued at less than 1 years profit. One does not see this to often.
Im looking at headline profit and ignoring the write down as the write down was not caused by operations.
MEDIA REPORTS, page-1405
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Last
16.5¢ |
Change
0.010(6.45%) |
Mkt cap ! $253.9M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $127.9K | 790.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31250 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 102298 | 3 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SWM (ASX) Chart |