SWM 2.44% 21.0¢ seven west media limited

Buy back is over in 7months...they have to accelerate fast..but...

  1. 2,454 Posts.
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    Buy back is over in 7months...
    they have to accelerate fast..but I doubt they will..

    approx 30 weeks left to play ..even if they buy 3mln per week ..we reach 100mln in BB..

    the aim to take it from weak hands under 55c..and reduce shares circulation..spending $50mln

    FY ebita will be approx 260mln..net debt will be under 200ml ...

    SP should rocket back to over $1 in 2023:
    1. Divide d's declared
    2. Outlook on ebita over 320mln
    3.Net debt under 100mln
 
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