When stock is priced at 3x of its earnings but signs e.g. 7 years contracts ( AFL) one has to question the market stupidity..
Market takes a view that Netflix, Amazon will destroy media in 3 years..
No goverment let them do it! This is the most critical piece in any political toolbox of any party plus this media unities and popularise Australian culture..this tool ( Australian Media) will be protected..
Buffet likes unloved stocks..but remember Cash is the Cash..
I like how company transitioned over last 5 years..I think earnings of ebita250mln are sustainable...
Up or Down ??, page-5186
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $284.7M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 17.5¢ | $492.0K | 2.745M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 165250 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 223350 | 9 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SWM (ASX) Chart |