SWM 5.56% 17.0¢ seven west media limited

SWM Chart, page-35

  1. 1,729 Posts.
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    everyone to their own understanding & decision making in investing.. having said that i won't call swm a penny stock! usually a penny stock is a speculative stock with no revenue.... swm has annual rev >$1 billion and ebita >150 million.. yes debt is high and there are headwinds for traditional media hence the share price drop to 6c, which of course the market has now realised was grossly oversold... easily a 30c stock in current situation and if couple of things fall in place could hit 40c+ in near future
 
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