Debt is getting very cheap. I suspect the company will slow the rate of debt reduction to allow payment of a dividend rather than allow the share price to fall too low. After all, if the price continues to fall there will be doubt about the company's future survival which will not help with it's bidding for TV rights et al.
I am now factoring in a 2c dividend for the year, but would not be surprised if it was 2c per half. That would get the share price up and give a little confidence in the future.
Debt is getting very cheap. I suspect the company will slow the...
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $315.5M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.5¢ | 20.5¢ | $471.5K | 2.228M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 409326 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 233078 | 32 |
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| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
20.8¢ |
Change
-0.005 ( 1.19 %) |
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| Open | High | Low | Volume | ||
| 21.0¢ | 22.0¢ | 20.5¢ | 496999 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| SWM (ASX) Chart |