lol looks like you will be selling your 400k shares, NO dividend, instead the proposed 10% buy back at 'opportunistic prices' ie no guaranteed buyback.
Smart move by the Stokes family, by doing the share buy back they increase their ownership without having to make a take over offer. They will accumulate their ownership position over time without ever having to offer a take over premium.
The market knows this and hence why SWM consistently trades at a discount to where it should based on pure fundamentals.
Up or Down ??, page-4344
-
- There are more pages in this discussion • 926 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SWM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $269.3M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.0¢ | $122.8K | 699.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 245047 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 465965 | 11 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| SWM (ASX) Chart |