SWM 3.03% 17.0¢ seven west media limited

Ann: SWM AGM Addresses and Trading Update, page-38

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  1. 2,617 Posts.
    lightbulb Created with Sketch. 613
    They have cash
    .and this year to June would have had 50 to 70mln free cashflow...now it is used for 20% stake ...
    I assume the only 2 reasons to buy it: 1. To do eventually take over 2. Not let other party to take over


    Diversification makes sense..at what price?
 
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