SWM 1.52% 16.8¢ seven west media limited

I suspect the modus operandi is to remove dividends which...

  1. 4,680 Posts.
    lightbulb Created with Sketch. 862
    I suspect the modus operandi is to remove dividends which reduces attractiveness to retail holders which suppresses the share price which facilitates creeping control via buybacks and the like.

    Such is the fate of retail investors in majority controlled media entities. I'd normally give them a wide berth but I'm expecting a pretty good result and value appears somewhat compelling but for me this one has a limited time horizon before I'm out for good.
 
watchlist Created with Sketch. Add SWM (ASX) to my watchlist
(20min delay)
Last
16.8¢
Change
0.003(1.52%)
Mkt cap ! $261.6M
Open High Low Value Volume
17.0¢ 17.0¢ 16.5¢ $200.3K 1.208M

Buyers (Bids)

No. Vol. Price($)
10 181580 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 370082 22
View Market Depth
Last trade - 12.35pm 26/07/2024 (20 minute delay) ?
SWM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.