What we all need to remember this is
1. Critical business and will exist....
If you do not think so, you should not consider this stock...
why I consider it is critical: 1. Gov needs it 2. Local content produced e.g. sport, news, shows...3. It is key for Australian culture...
Netflix & YouTube is more of supplement and will co-exist....
Best reach & measure is here...
2. It is cyclical..we have big interest rate impact...now businesses and co sumers are adjusting....local FREE Australian content will be consumed even more..
3. Immigration is good for this stock..Goberment pushes Immigration..good for big business but bad for ordinary Australians) quality of living erosion due to luck of infrastructure investment..
in summary, we are 2 penny media business in Australia...I liked how they managed Balance sheet ..lets ride this out...
cost is known..lets see if they can be more aggressive to cut it...and Sell..Sell..Sell( long promised world class tool VOZ and Code7 is finally here)..
What we all need to remember this is1. Critical business and...
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $277.0M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 17.0¢ | $551.8K | 3.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 344568 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 618017 | 8 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| SWM (ASX) Chart |