SWM 2.86% 18.0¢ seven west media limited

Hi all, why do we think selling the production assets is a good...

  1. 20 Posts.
    lightbulb Created with Sketch. 3
    Hi all, why do we think selling the production assets is a good thing in this day and age.

    Content is king!

    So I would have thought keeping production facilities and utilising them more efficiently may be a better choice.

    Selling assets and cutting costs has always been the short term mantra. Most likely to gain management bonuses. But what about revenue-boosting, allocating capital to make more money. Increasing productivity... dare I say it growing.

    This company has been a dog for many years. I'm not sure it's going to change its spots any time soon.

    People keep going on about the rosy times ahead. Yet the stock price lost 17.24% today.


 
watchlist Created with Sketch. Add SWM (ASX) to my watchlist
(20min delay)
Last
18.0¢
Change
0.005(2.86%)
Mkt cap ! $277.0M
Open High Low Value Volume
17.5¢ 18.0¢ 17.0¢ $423.2K 2.440M

Buyers (Bids)

No. Vol. Price($)
2 61499 17.5¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 638175 12
View Market Depth
Last trade - 16.10pm 10/07/2024 (20 minute delay) ?
SWM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.