SWM 3.03% 16.0¢ seven west media limited

Every time they seem to be getting on their feet they seem to...

  1. 4,942 Posts.
    lightbulb Created with Sketch. 902
    Every time they seem to be getting on their feet they seem to want to make another acquisition (at what seems to be high multiples).

    PRIME, and now the A1N/SXL turducken. But they can't afford dividends of course. PRIME was meant to be a "game changer", apparently.

    Anyone else bothered by these acquisitions that don't seem to look value accretive to shareholders? Do you reckon shareholders would have minded some of the $130m they spent on PRIME?
    Last edited by optimistus: 24/03/24
 
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