Nothing interesting in the short term for the SWM SP. However, like to add the cricket negotiations were very positive for SWM. I was under the impression the cricket negotiations went awry initially as they didn't take some 20-30m settlement offered by CA and the court ordered a 5m compensation. All good that ends well.
Also, they have timed the disposal of ventures well. esp ART disposed at .69c which is now trading at .23c. I guess the real estate venture with Catalano looks promising to give Domain a run for the money. The finance reports does state reduced financial costs due to pay back of debt in times of rising interest rates. Hope all these translate into upwards SP in 6-8 months. Good luck
SWM Price at posting:
41.0¢ Sentiment: Hold Disclosure: Held
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