SWM 2.78% 17.5¢ seven west media limited

Up or Down ??, page-3989

  1. 7,284 Posts.
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    as other's have said 'I can't provide investment advise for others'.

    However I can imagine if this was happening to me.

    If I had a massive position on just SWM, and I believed that the company is worth more than 70c (and I do that's why I also have a position), I would switch off from hotcopper for several months and not check the share price.

    The chances of SWM doing a capital raise are very low as they have reduced their debt over the years, so does it really pay to do ones head in looking at the share price. (The only reason I raise this is that if a company is at risk of a capital raise, then one does need to check share prices to assess the capital raise)

    If the fundamental viewpoint plays out to be true then in the longer term the market will act as a weighing machine and start pricing the share closer to its fundamental value. Over time SWM will probably start to issue dividends/and or a share buy back. This would encourage a re-rating on the stock.

    If it was me I definitely wouldn't be selling at these levels.

    Hope this helps.
 
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Last
17.5¢
Change
-0.005(2.78%)
Mkt cap ! $269.3M
Open High Low Value Volume
17.5¢ 17.8¢ 17.0¢ $236.6K 1.354M

Buyers (Bids)

No. Vol. Price($)
31 1677723 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 188376 2
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Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
SWM (ASX) Chart
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