looks like I started a debate here, but too be clear I want SWM to stay in the market and hope that Stokes doesn’t try to take it private. What a steal that would be
SWM can recover (like it did in 2022 when the SP moved from 8 cents to nearly 80 cents in a 2 year period) hence my continued buying at these lowball prices. Again, if SWM can keep costs down and improve margins with rising revenues then a rapid rerating of SP will occur again. Their balance sheet is in good shape, it won’t go bust. DYOR
SWM Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
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