SWM 3.03% 17.0¢ seven west media limited

air tasker ipo March 22

  1. 80 Posts.
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    fin review article says the prospectus was filed mon 8 jan 21.

    swm set to receive $50 million.

    nice! spinning off a non core asset, that has not turned a profit or income. great news for the balance sheet.

    Swm is following the 12 nov 2020 SWM Annual Gen Meeting Addresses and trading update. to a tee! in a nutshell- selling non core assets ,
    reducing costs and renegotiate contracts - afl and cricket au etc.
    increasing BVOD growth and market share
    debt facility renegotiated
    a M&A focus once balance sheet in check.

    sounds good to me
 
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