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.
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $277.0M |
Open | High | Low | Value | Volume |
17.0¢ | 18.0¢ | 17.0¢ | $551.8K | 3.109M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 344568 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 618017 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 344568 | 0.175 |
21 | 1234575 | 0.170 |
5 | 460000 | 0.165 |
12 | 684101 | 0.160 |
5 | 593000 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 618017 | 8 |
0.185 | 368457 | 6 |
0.190 | 554911 | 13 |
0.195 | 130306 | 6 |
0.200 | 433996 | 12 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
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