Yeah it was a big move today on no news, but relatively modest volume too. Could just be a few sellers deciding to get out with no buyers to match - this stock is fairly tightly held and can be a little illiquid.
I expect if it continues to fall tomorrow then a speeding ticket will result.
The company probably has the FY accounts ready for review by auditors, or at least very close to doing so, but given we had that shocker of a profit warning only a month ago it would seem that the market is well informed. The preliminary result will be announced by the end of next month, but good luck getting anyone at SWL to tell you when.
SWL Price at posting:
90.0¢ Sentiment: Buy Disclosure: Held
