Ann: SWM AGM Addresses and Trading Update, page-28

ah f**ck it, us value investors got caught in this position.
SWM looks good as a value proposition (it looked good at 50c!!!)

Holding but not adding.

I am losing money on this position, and even worse, I am not being compensated for time by being paid a dividend.

Not selling at these prices, but also not topping up.

Waiting for either clearer macro blue skies, or much lower share price to compensate me for the risk of holding this share.

SWM should really pay at least some dividend, they can afford to do so, but they are in the hands of the controlling shareholder!!!

I can't influence this, but I can influence where I spend my additional capital, and its not on SWM!!!