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12.0¢ selfwealth limited

Profitability, page-139

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vivRookie

6,330 Posts.

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16/08/24

12:21

Post #: 75237379
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Originally posted by Navigator00: ↑

Yes the poor banks, you're kidding me right? The big 4 are at all time highs and recording huge profits which is due to an increase in their profit margin on loans, which is called their “net interest margin”. This was brought about by the RBA's tightening of monetary policy which led to the interest rate rises. This in turn leads to more people keeping money in the bank to service their mortgages, and if they are keeping it in the banks, people are not spending it in the economy. So everything contracts, but the banks win big time.

You are also wrong about me not holding stock, because while i have changed to Marketech to trade, I still do own SWF shares as i, like many shareholders here, are underwater and am hoping for a miracle to be able to mitigate my losses. So i am hoping for your big bounce announcement, because i will be out of here the first chance i get, as will a lot of other punters because this company is rudderless.

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Your anti-bank rant is boring and totally irrelevant to this thread.

Your swf holding will be rewarded with a nice bounce which will hopefully see the end of your rants here.

SWF Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 12.0¢		Change 0.000(0.00%)		Mkt cap ! $27.80M

Open	High	Low	Value	Volume
12.0¢	12.0¢	12.0¢	$5.209K	43.40K

Buyers (Bids)

No.	Vol.	Price($)
9	444897	11.5¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	348548	2

View Market Depth

No.	Vol.	Price($)
9	444897	0.115
1	90900	0.110
6	343026	0.105
3	55900	0.100
1	60000	0.095

Price($)	Vol.	No.
0.120	348548	2
0.125	229211	6
0.130	297608	7
0.135	121453	7
0.140	513819	12

Last trade - 16.10pm 21/10/2024 (20 minute delay)

SWF (ASX) Chart

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