SWM

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17.5¢ seven west media limited

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Byron

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02/06/22

20:04

Post #: 61789284
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Originally posted by Puck2: ↑

….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?

Expand

Totaly agree, management dont give a shit about their share price

Originally posted by Snow123: ↑

One can only hope.
What's the point of Seven Group Holdings and KS holding 60-70% of our registry if they aren't going to reward themselves and shareholders. You have to ask yourself WHY? Why wouldn't THEY want profits?
I have a feeling they Seven Group Holdings has always used SWM as their loss making machine to offset the gains made my their mining companies...
Tim Worner did say years ago on a secret recording 'they are driving this business into the ground. I could fix it but they wont let me', (he said that or there abouts).
Also one last thing. PRIME has always paid dividends and their shareholders expect it, even when profits are tiny. We now have Prime shareholders with us, they wouldn't be happy with getting nothing from this 'media juggernaut'.

On a second thought, they could also be part of the dumping of shares to be honest.
Let's just get the f* past june and into the new FY.

Expand

Agree, just look at the graph chart, all downhill from 80c back to under 50c.....totaly manipulated, who started ll the selling and why?

SWM Price at posting: 47.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 17.5¢		Change 0.000(0.00%)		Mkt cap ! $269.3M

Open	High	Low	Value	Volume
17.5¢	18.0¢	17.0¢	$177.0K	1.009M

Buyers (Bids)

No.	Vol.	Price($)
10	841944	17.0¢

Sellers (Offers)

Price($)	Vol.	No.
18.0¢	740042	14

View Market Depth

No.	Vol.	Price($)
10	841944	0.170
6	1131798	0.165
8	744265	0.160
2	17400	0.155
17	143816	0.150

Price($)	Vol.	No.
0.180	740042	14
0.185	445987	7
0.190	559750	4
0.195	62388	4
0.200	187881	9

Last trade - 16.10pm 04/10/2024 (20 minute delay)

SWM (ASX) Chart

Up or Down ??, page-3972

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