Some market caps of other ASX speculative oil and gas stocks with some similarities to Swala.
Puravida 73 million. Pancont 90 million. FAR 105 million.
Swala 31 million.
As I've said before, the actual share price can be a psychological hurdle sometimes.
Like some of the other stocks listed above, imagine if we had 670 million shares on issue and not 67 million.
Our share price would be 2.4c and with the assets we have, I believe viewed as a far bigger bargain than perhaps what it is with Friday's closing price of 24.5.
It'd be easy to imagine it running to 6c (really 60c) and probably still looked on as cheap.
Message to self: Don't be psychologically blocked by a mere number and constantly be mindful of our actual market cap compared to our neighbours.
SWE Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
