SW1 16.7% 1.0¢ swift networks group limited

Just looking on the chart 34c should prove a resistance point....

  1. 1,819 Posts.
    lightbulb Created with Sketch. 29
    Just looking on the chart 34c should prove a resistance point. Then we have around 28c.
    Not ideal buy any means. Haha.

    The capper is at 40c IMO so it could bounce around this 30-40c mark until we see some more direction by the company.

    A growing company can keep high costs for some time but there comes a time when the costs need to be cut and the profit needs to come.

    I don't think we are finished growing yet so potential for a much larger Co yet is a real possibility.
    With $20mil PA coming in and a majority recurring (oh so sweet) the foundations are setting up nicely for a bigger slice of the pie. Xavier not sitting on his hands IMO. Not in his nature.

    Lets just sit here and watch this game unfold as each piece is laid very strategically.
 
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Last trade - 15.48pm 25/11/2024 (20 minute delay) ?
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