SWM 3.03% 16.0¢ seven west media limited

air tasker ipo March 22, page-12

  1. 4,934 Posts.
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    yes $65mil to raise to pay $50 mil to SWM for their stake and tge other $15 m to go towards buiding Airtasker. SWM may still have an agreement with Airtasker for advertising as well. now we have accumulation on the upswing. I wonder when SWM will advise the market on the sale of Airtasker. also would we get any update on the progress with SWM in April. I have noticed there is alot of adverts on channel 7 and they are new ones. regarding the Olympics we could get more advertising as there will be more Australians at Home rather then abroad. I remember last Olympics that people tend to travel overseas as it is in winter here but summer across the world so a good chance with covid there will be plenty of us watching the Olympics from Australia. all I see is positive news regarding SWm but would like SWM to advise the market as soon as they get any direction so the SP rises or falls accordingly rather than getting manipulated to do cross trades etc. gives the small retail holders a chance to make a better decision.
    Last edited by The Chook: 22/03/21
 
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