SWM 0.00% 18.0¢ seven west media limited

Up or Down ??, page-3054

  1. 4,857 Posts.
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    I'm with you Lev20, I'd rather the business grow then stabilize with consistancy, and I'd rather a 4c+ div together with a $1+ SP than a 1c div which will suite SWM better, therefore let SWM do there thing and reduce debt so they will then be in a better position to negotiate better rates and terms! it has been frustrating but lucky for me am patient as I feel it should be at 60c by now but will all the manipulation going on I am not surprised that the SP is where it is today. anyway I don't mind as it gives me an opportunity to accumulate, I understand those who want to take a profit and that is why there is frustration but when it runs then it will be catch up meaning the SP will then hold at a higher point and should rise further as there is progress to what I have mentioned above, but if you are long on SWM like me then it won't bother you rather give you a chance to take advantage of the low SP. Have a good weekend to you all and that means don't think to much about where and why the SP is where it is at!
 
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