SWK 5.17% 27.5¢ swick mining services ltd

We are all waiting to see the prospectus. Just remember Kent...

  1. 134 Posts.
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    We are all waiting to see the prospectus. Just remember Kent promised to float this in the middle of last year and then gave away the idea just before Christmas after which Swick shares collapsed. Since then nothing of material interest has happened --otherwise it should have been reported to the ASX in a Swick announcement. About $50m has been spent on Orexplore so far and this is why the SWK shares became the target for a cheap takeover. The way Kent operates don't be surprised if the float is not put off again. The silence is deafening about Orexplore. The big question for shareholders is do you take the money now and run or hang on and hope the DDH share price appreciates. One encouraging aspect is that DDH has done more six months after lising than SWK has done in the last 10 years.
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Mkt cap ! $81.70M
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