Selfwealth closed @ 19.5cps today (a staggering 9% drop from...

Selfwealth closed @ 19.5cps today (a staggering 9% drop from last close price or a 40% drop since I sold all my shares for a tiny profit in December last year) . This tells me people no longer believe SWF is a competitive force in the market. However, you can't take away the fact they have around 120,000 active accounts (even if they aren't producing enough income collectively) they are still active with some sort of cash balance. i personally have under 10c in mine and I'm considered an active user even though I don't trade with them.

In my truly honest opinion based on 14 years following or trading extreme high risk speculative stocks (that have either ended in administration or being taken over with a higher offer.) that Selfwealth is indeed a take over target. The number one reason for this is they have no debt! However because it no longer has the brokerage advantage it once had prior to late last year the share price is on a trajectory to around 4 to 5cps before a take over offer should be made. The offer is usually triple the last close price. So I predict between 12-16cps but could be as high as 18cps if holders are really lucky. This should all happen within the next 18 months if there are no unforeseen circumstances like their biggest competitor ceasing to exist.