SWM 2.78% 17.5¢ seven west media limited

I had SWM on my watchlist when ot was $1 about 2-3 yesrs sgo...

  1. 4,851 Posts.
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    I had SWM on my watchlist when ot was $1 about 2-3 yesrs sgo then had a dabble when at 70c, then heavily trsded it between 37-50 before covid hit, got stuck in it on the way down from 37c started to aversge down all the way to 16c, then took 50% of the table thinking dooms day for SWM, noticed the turn around ended up buying back what I have sold at a heavily discounted price, went long from there untill it got to shy of 60c when I noticed the momentum had cooled then got out around the time of RDD taking some $,s off the table, decided to trade it a little from 40c-50c Now back in and am long on it ss I feel alll the fundementles are there and board has been doing a grest job, not sure if all are aware thst the Studios were up for grabs almost a fire sale but now no mention of it, I can see an easy 70c stock in the near future being end of year and $1 once div,s are introduced or aquisitions in early 2022, once we get to 70%-80% the economy will be in overdrive and those who could'nt spend will spend big and all those businesses will want some of that saved cash, so will heavily advertise. not to mention tge revenue to continue from Facebook and Google. its time to scoop up shares under 50c as we wont be able soon. we all love to get shares under 40c but I think that is a dream even 45c as I would love to load under that but I guess having some shares under 50c is better than having no shares under 45c.

    By THE CHK
 
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Last
17.5¢
Change
-0.005(2.78%)
Mkt cap ! $269.3M
Open High Low Value Volume
17.5¢ 17.8¢ 17.0¢ $236.6K 1.354M

Buyers (Bids)

No. Vol. Price($)
31 1677723 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 188376 2
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Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
SWM (ASX) Chart
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