I agree the company is in better shape now than 5 years ago, so why does the market perceive that it is not?
This business is capital intensive and needs a new OUTSIDE CEO to take to the costs of this company.
When a business has the same people in place year after year relationships are formed to the detriment of the company, this company is stuck with high salaried presenters that now cannot be justified, maybe 30 years ago yes but not anymore, any dimwit can read an auto cue for a lot less money, for god sake we are trading at 20 cents. Our market cap and debt have a gap of just over 50m FFS. Sell off the crap keep the good money making parts of the business and stop looking after overpaid staff!
SWM Price at posting:
20.5¢ Sentiment: Hold Disclosure: Held
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