Absolute shocker, and with debt increasing significantly. Those that harp on about market cap, are forgetting that debt. Correct discussions should be on enterprise value= basically market cap + debt, since whoever buys the company also has to take on the debt.
Significantly internally leveraged business where high fixed cost base means reductions in revenue have a disproportionately negative effect on profit.
Lol even Bill Shorten coming out in defense of gambling ads on TV just so free to air can survive.
Lucky I got out.
Even with the cheap share price, with these results, I can't go back in.
Will just watch from the sidelines.
SWM Price at posting:
15.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)