SWM 6.45% 16.5¢ seven west media limited

MEDIA REPORTS, page-1382

  1. 5,790 Posts.
    lightbulb Created with Sketch. 4885
    Pecc, there has been a case in the nt and some in nsw. In Vic Community transmittion has gone from 17 to 50%

    Other states are just behind Vic. Ie an infected Vic person travelled interstate and mixed.

    Its only a matter of time I believe.

    Still the afl is only a small part of the picture with swm.

    Outside this, the virus taking off will change investor sentiment, so it's going to need something special for swm to attain 26 to 32c min value I put on it.

    I still continue to accumulate as I see value sub 11c on a 2 year look out.

    The markets are bearish and the present rise a bear trap though.

    Markets are rising, yet companies financials are degrading along with unemoyment rising and unsustainable government expenditure.

    Sep is the cruncher here with jopkeeoer only set in stone till then. The gov needs to extend it, or the crap will hit the fan.

    The position of that costing the gov 11b a month is not sustainable. So we are at the crossroads on many, many fronts.

    We are lucky swm is oversold and a pe of 1.
 
watchlist Created with Sketch. Add SWM (ASX) to my watchlist
(20min delay)
Last
16.5¢
Change
0.010(6.45%)
Mkt cap ! $253.9M
Open High Low Value Volume
15.5¢ 16.5¢ 15.5¢ $127.9K 790.8K

Buyers (Bids)

No. Vol. Price($)
1 31250 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 102298 3
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
SWM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.