…. I had been a long term holder waiting for the return of dividends and when the dividends did not materialise I realised that it was not worth holding. I guess a lot of investors may have felt the same. Thirty mil to pay a 2 cent dividend would have given people the confidence to hold even if it was just a annual dividend. In my view the debt was back in control although with interest rates on the rise it would be costing them more. It’s strange because early on I was lead to believe that KS loved his dividends too but I guess things change. Hope this turns around for the SWM investors.
cheers
SWM Price at posting:
29.8¢ Sentiment: None Disclosure: Not Held
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