That may not be technically wrong, given if SWM does not sell any assets that could be a possible scenario.
However, the CEO and others at SWM have stated on numerous times in the media and releases that they are selling assets with a focus on selling non-significant revenue generating assets. This will be a key focus and provide shareholders real value as selling the investment portfolio and TR will prove a huge boon, as it will reduce debt without significantly cutting into revenue.
Previously, I have put SP estimates in too early, so will wait until the 25th of August to assess. However, I think it is safe to say we will see a re-rate of SWM carry on for the next 7 trading days whilst we wait for the strategic update. That we were up circa 10% on a day ASX was down supports this, as previously SWM has gone down with the market.
- Forums
- ASX - By Stock
- SWM
- Up or Down ??
Up or Down ??, page-48
-
- There are more pages in this discussion • 5,199 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 SWM (ASX) to my watchlist
|
|||||
Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $277.0M |
Open | High | Low | Value | Volume |
17.5¢ | 18.0¢ | 17.5¢ | $110.4K | 627.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 231853 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 241658 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 231853 | 0.175 |
23 | 1246038 | 0.170 |
7 | 541731 | 0.165 |
8 | 489853 | 0.160 |
9 | 594742 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 241658 | 6 |
0.185 | 412311 | 9 |
0.190 | 149152 | 7 |
0.195 | 108000 | 4 |
0.200 | 207939 | 6 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
Featured News
SWM (ASX) Chart |