wrong wrong Okay some serious downramping going on here which...

wrong wrong Okay some serious downramping going on here which doesnt make any sense....


Firstly, SWT is nothing like a DVT. Most of us were around during the tech boom, SWT is different in the following ways from those blue sky techs:

SWT is one of the fastest growing ADSL sellers in Australia, and to see the value that the market puts on this just have a look at the graph for IINET ( IIN).

SWT have a profit projection for the end of this financial year that from memory puts them on a PE of about 6 at current share price!


Sure someone sold shares, but they weer also bought them up..its called volume, and someone dumped just enough after market to make it end down for the day, when all day it was trading up, and in fact after market buyers are on the depth with it up. SWT has had a constant support of buyers around 9, the volume MAY be due to some churning of the insto tradingthat recently started getting involved