The current b/b is basically a b/b for ants
Unless they plan to pay down debt to basically 0, only remaining options are acquisitions (hope not, SWM is a boomer business and should be staying away from “cool”/VC rubbish) or dividends?
So unless they keep hoarding cash something surely hasto give at the next results announcement?
Edit: I’m not trying to troll/s***post, as I’m interested in this one but am hesitating a bit on the cap allocation philosophy
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Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $269.3M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 17.5¢ | $340.1K | 1.898M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1227295 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 227223 | 5 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| SWM (ASX) Chart |