Another step towards getting out of the hole they have found themselves in. The company has now cut costs considerably and sold assets to bring in 115m to go with cash holdings.
The current MC of this company is laughable compared to competitors. The only thing that made
sense to me about that was the debt levels so as cash comes in that side improves.
If larger holders are using this to trim their holdings and it isn’t for tax reasons then good luck to them I am still in buying phase.
Ann: PWG: Primewest Fund Acquires Seven West Media Headquarters, page-8
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $261.6M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.0¢ | $286.2K | 1.629M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 388862 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 56948 | 2 |
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| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| SWM (ASX) Chart |