"Commsec is a subsidiary of the Commonwealth bank worth 170 billion. Selfwealth is a subsidiary of nothing and worth a mere 68 million"
SW is was the in the 10 fastest growing companies in the last year. IMPRESSIVE!!
And as Poppypop has pointed out in her post (Quote above). If SW's MC is only $68 million, it's would be easy for a bank like the Commonwelath bank to buy a competitor out.
I wouldn't be surprised if other banks like Westpac are sniffing around too. Stake is a private co, but SW is public so you would be looking at taking over a fast growing company (top 10 last year), for a fantastic price.
If SW is as bad as Poppy says CBA could just buy it a shut it down. Chump change.
Exciting times ahead!!
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.86M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 12.0¢ | $2.4K | 20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 159213 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 130079 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 159213 | 0.120 |
4 | 165901 | 0.115 |
3 | 274545 | 0.110 |
3 | 81000 | 0.105 |
4 | 51980 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 130079 | 5 |
0.130 | 30000 | 2 |
0.135 | 113603 | 4 |
0.140 | 297517 | 9 |
0.145 | 201501 | 4 |
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