SWM 2.63% 18.5¢ seven west media limited

I was going to do some analysis to keep track of their BB, but...

  1. 200 Posts.
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    I was going to do some analysis to keep track of their BB, but it's not worth the bother. Regrettably this is a BB in name only. BB boy is spending $35k per day. I have come to the conclusion that because SWM did not give any dividends (its their call) they initiated a BB to give an appearance of returns to SH. I can understand that the board want max flexibility, but $35k per day on BB is hardly worth it. They are no longer defending 45c. I'm not gonna lie, I was expecting more. Other companies in my portfolio that have had BB have so far been much more aggressive. Disappointed.
 
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Last trade - 16.10pm 05/06/2024 (20 minute delay) ?
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