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0.9¢ swift networks group limited

15c listing price is too cheap, page-58

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Martin Gifford

5,012 Posts.

48

07/06/16

08:54

Post #: 17968366
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Originally posted by halfadozenmarsbars ↑

Interesting business but some large capex for the last few years without any proportional increases to revenue. I think the move from mining/energy sector (Where it appears to work well) to retirement/hospitality may be the key to this becoming a success - I'd be concerned that these sectors have more ready access to competing service providers compared to a mining camp in the middle of nowhere.

Also I'm not really happy about what appears to be a misleading ann from 28/1/16 about the group advancing into the hotel sector. The township the contract relates to seems to be entirely owned by an energy company, Snowy Hydro.

I'll keep this on watch until they start diversifying their customer base.

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Nice sleuthing. However, it has high revenue, low number of shares, and only $18m m/c. It really only needs one good announcement to send it to $25m m/c or more. Seems inevitable to me.

SW1 Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.9¢		Change -0.001(10.0%)		Mkt cap ! $9.810M

Open	High	Low	Value	Volume
1.0¢	1.0¢	0.9¢	$723	80.3K

Buyers (Bids)

No.	Vol.	Price($)
4	630361	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	139843	1

View Market Depth

No.	Vol.	Price($)
1	199996	0.013
2	691666	0.012
1	226370	0.011
1	100000	0.010
1	120000	0.008

Price($)	Vol.	No.
0.016	531250	1
0.018	462860	1
0.019	1000000	1
0.020	218562	1
0.021	70000	1

Last trade - 16.10pm 26/11/2024 (20 minute delay)

SW1 (ASX) Chart