Bright Future ??

I brought SWM today after following all your comments for some time. First time I’ve owned them.

Here’s my reasoning for purchasing ( and I’m a novice investor unlike some of you so I’d love to know your thoughts)

- almost end of tax loss selling
- afl back soon will see huge consumption of 7
- Perth sale reduces debt a bit plus mag sales
- corona restrictions lifting. More money spent in community =more revenue for media
- staff redundancy’s and cost cutting
- if 7 get job keeper which i assume they will, it would be worth tens of millions plus reducing staff hours means very cheap staff for 6 months.
- stokes. I don’t think he will let this go under
- I also don’t think there’s a chance they’d CR with share prices this low. If it got back to 20 cents they might be tempted but not 8.9 cents ?

that’s why I brought them. I think they have been massively oversold.

My only fear is they won’t navigate their way out of this and they go belly up.

I think give this stock four months and maybe 20cents is possible

id love to know what you all think and I look forward to following this page.

best of luck