We're not a bank - SWM is a media company - the market has spoken and called the lack of a div (however small that could be) total BS. What I have noticed this reporting season is that companies that do not pay div or pay much lower divs are being punished quite badly. So you get to enjoy a double whammy - no div and investment going backwards. Of course the argument that we keep hearing is that it'll be alright in the long term or words to that affect. History has taught me to be very ware of this. My sentiment is changing.
Ann: Appendix 4D & Half Year Financial Report, page-51
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $253.9M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 15.5¢ | $236.3K | 1.474M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24843 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 37707 | 2 |
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| SWM (ASX) Chart |