SWM 0.00% 17.5¢ seven west media limited

News: SWM German publisher Bauer sells Australia magazine business to Mercury Capital, page-10

  1. 5,645 Posts.
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    Red dirt Dan, real shrewd business man. Up with Mr forrest from fortescue.

    We've seen 9 and 10 go though the shredder, but not 7.

    If stokes was not running swm, it would gave gone down the drain like the others.

    It will be turned around, and this that have entry sub 15c in a few years maybe getting a yearly div return of 50: on there outlay.

    So free shares after 2 years.

    I do believe the need to merge with prime, increases there revenue, more reach and reduces costs.

    As more ground is taken by paytv it will need to be done to survive long term. OK for now, but in 5 years...
 
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