agree, having said that it's moving in the right direction which am sure is a relief to long termers.
I think current run is (1) because the market feels its extremely undervalued compared to other media companies (2) new mgmt has shown a clear intent to reduce debt, cut costs, focus on winning programming & make sensible acquisitions where possible (Prime is a natural fit and will be a game changer) And don't forget thanks to covid good old newspaper circulation is up 30% for fairfax and fin reveiw which might be the case for WA papers. hopefully it shld hit 18 to 20c without any major news but above that it needs some good news items! it'll be nice to see it cross 30c by early july
20cent party!, page-6
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $253.9M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.5¢ | $49.50K | 295.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 66365 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 756484 | 6 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SWM (ASX) Chart |