It seems to me that this stock is well placed in an environment like this. Each time there is a lockdown there is a surge of trading activity. As the restrictions are eased there is a surge of trading activity. There are people locked at home facing economic uncertainty with a lot of spare time on their hands, many or looking at share trading as a way of making some money on the side (including a lot of people who really shouldn't be).
The bond market returns are almost as bad as savings accounts which are not even keeping up with inflation.
In a gold rush, not many people struck it rich by finding gold but a lot of people got very rich selling shovels to gold miners. SWF is selling shovels and is doing very well indeed.
To justify their current market cap they would need to continue to grow at the current rate but that doesn't seem to be a problem at the moment so yes, I see them continuing to add value.
- Forums
- ASX - By Stock
- SWF
- Stay-at-home orders and lockdowns in Melbourne
Stay-at-home orders and lockdowns in Melbourne, page-2
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SWF (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.12M |
Open | High | Low | Value | Volume |
13.0¢ | 13.0¢ | 13.0¢ | $390 | 3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 96000 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 113654 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 96000 | 0.130 |
2 | 80000 | 0.125 |
10 | 293608 | 0.120 |
2 | 150434 | 0.115 |
2 | 140900 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 113654 | 7 |
0.140 | 464541 | 10 |
0.145 | 1058651 | 5 |
0.150 | 561473 | 5 |
0.155 | 289500 | 2 |
Last trade - 11.41am 08/10/2024 (20 minute delay) ? |
Featured News
SWF (ASX) Chart |