SWL - Seymour Whyte

[Snow Leopard]

I started buying into SWL last Oct and have an average buy price of slightly more than $0.90.

Whilst be up and down along the way I have essentially seen it as in an uptrend with rising volume.

Fundamentally it got itself into trouble and is in theory looking forward to a wonderful recovery and future profits of more than very little.

So today it rises $0.10 to $1.10 and a trading halt with regard to a 'potential control transaction' is called .

I hope this turns out all right.

Best Wishes
Paper Tiger

:scared:

[macduffy]

It certainly looks promising, Tiger. Perhaps that trading halt should have been called a little earlier - before that 10% spike in the shareprice!

;)

[Snow Leopard]

Announcement (http://www.stocknessmonster.com/news-item?S=SWL&E=ASX&N=1004557) says indicative, non-binding & conditional and if it comes about would probably be in the $1.36 to $1.43 range and there is a maybe special dividend in there somewhere.


https://www.youtube.com/watch?v=1HnOFwqpLRQ

Best Wishes
Paper Tiger

[Snow Leopard]

Looks like I never hit the old 'Submit Reply' button yesterday. I got distracted by something.

But I sold out completely yesterday having decided that it is unlikely to go anywhere particular for a while and I can recycle the funds into a couple of things with more future potential.

Best Wishes
Paper Tiger