SWM 2.86% 17.0¢ seven west media limited

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  1. 516 Posts.
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    With the appalling investment they made in Arn Media and also mad paws plus the huge redundancy pay outs and possible future court cost together with continue ad market deterioration I think last thing in mind would be dividends . They even stop buy back fair while ago with no explanation at time when shares were around 23-25c .
    maybe they do so to preserve the cash for redundancy pays and lack of ad revenues
    just hoping the Soon year revenue report is not as bad as what I am expect it to be . the slashing of cost by new ceo seem desperate and fast so I not confident
 
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