SWK 0.00% 30.0¢ swick mining services ltd

Jimi - SWK is grossly oversold both on the charts and on the...

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    Jimi - SWK is grossly oversold both on the charts and on the fundamenatals.

    But in the current market, there is so much uncertainty and volatility, that logic has flown out of the window. SWK, being a company that is second-tier in mining services, is completely at the whim of the general sentiment on mining itself. And this stupid RSPT is killing everything to do with mining, not least being the services companies like SWK.

    Nothing we can do about it - just watch it float and sink with the tide.

    Several other companies in simialr situations, like TOX, IMD, etc
 
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