----- https://www.sevenwestmedia.com.au/assets/pdfs/James-Warburton-CEDA-address.pdf ------- Worth a read if you have time. Not like it matters. The market only cares about self invested brokers and NEVER listen to the company in the drivers seat. SWM is honestly so painful to hold. Its my only "bluechip" stock but it honest to god trades worse than my spec mining stocks. Dumps harder and faster, and definitely doesn't go up as quickly. Blows my mind how we can UPDATE guidance for 2 years and still have this horrible PE ratio and still tank off the back of nothing. On tuesday over 15% of our registry (excluding KS and SVW) was dumped after market. 15 f*ing percent.... UNHEARD OF for a company that trades like ours. We are gaining AUS share and audience, which in theory means NEC and ten and others are declining, but we should increase. I don't know anymore, my target of 85cents is now a target of whatever august is. It will pump and then dump to hell on the news like the past 2 years.
SWM Price at posting:
48.5¢ Sentiment: Hold Disclosure: Held
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