….I honestly believe that if they had announced a plan for paying a dividend a few months ago when they had a good opportunity to do so my thought is that the share price would have risen enough for SWM to have bounced into the asx300 and may have held above the share price to stay there. Was it Macquarie that made commentary that they were surprised that no dividend announcement was made and also alluded to the possible downfall of the share price? But it is that time of year… ‘sell in May’…….. If they announce a dividend in the next announcement maybe that will be the catalyst to stabilise the share price?
SWM Price at posting:
48.8¢ Sentiment: Buy Disclosure: Held
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