SWF 3.70% 14.0¢ selfwealth limited

I'm confused at the negativity in these threads on this stock,...

  1. 1,160 Posts.
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    I'm confused at the negativity in these threads on this stock, each to there own no judgement from me, but this is how I see it.....

    These growth rates are incredible, I don't know what's driving it or how long it will continue but my theory is a whole bunch of baby boomers (and theres alot of them) who hate paying commission on anything, have a whole bunch of lifetime savings, want to manage it themselves (because they'll tell you everyone else just rips them off lol), they don't want to learn all the fangle dangles but can feel safe knowing where they sit in comparison to others.

    If swf can sustain these current growth rates for 12months and hold it there, this will be tracking at approx. 17mil in revenues/annum. Just on trade fees alone.

    Too hard to say what the costs involved are at that level but I would estimate a minimum mcap of 100mil at that point. It would seem unlikely that a CR would be required before positive cash flow is achieved.

    Sol's major shareholding is enough for me to dig deeper into this, they just don't take risks.

    I don't hold this now but I will by Friday.
 
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Last
14.0¢
Change
0.005(3.70%)
Mkt cap ! $32.80M
Open High Low Value Volume
14.0¢ 14.0¢ 14.0¢ $21.97K 156.9K

Buyers (Bids)

No. Vol. Price($)
2 153703 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 14939 1
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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
14.0¢
  Change
0.005 ( 3.70 %)
Open High Low Volume
13.5¢ 14.0¢ 13.5¢ 44006
Last updated 15.25pm 29/03/2024 ?
SWF (ASX) Chart
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