I not as confident in that time frame as you but confident it should be back upwards of 40c in 18 months which is a sensational return in that time frame if it come true. was at 40c only 18 months ago before savage and overdone sell off so it very realistic if the improvements continue which seem likely to go back to much higher price . I note that Macquarie say debt will push back up closer to $300 mill again by June 2025 with some large tax and expenditure payments due this half which afterwards should see some serious free cash just drop year on year after next 6 months. once economy turns confident again which might take 6 months even with expected 3 interest rate cuts I think with the great work Swm do now it will become a cash flow machine that shareholders will be happy to have stay patient on the past 18 months share price free fall.
SWM Price at posting:
18.0¢ Sentiment: None Disclosure: Held
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