@Sparktastic Your statement is once again blatantly untrue. You...

@Sparktastic Your statement is once again blatantly untrue.

You @Sparktastic said ‘Now, its just business as usual, with a dose of pie-in-the-sky 'digital transformation' thrown in for good measure, at shareholder meetings.’

And before that you @Sparktastic said ‘The 'Digital Transformation', once hyped as the future of TV and radio in this country, hasn't produced meaningful results.’

Here -https://hotcopper.com.au/threads/15-cent-swm-share-price-3-times-current-earnings-momentum-is-beginning.8385495/page-48?get_post=trueI pointed out the fact that 7plus alone brings in >$179 million in revenue for SWM at a 77% EBITDA margin producing over $134 million in Earnings Before Interest and Taxes.

For you to state that the digital transformation at SWM ‘hasn’t produced meaningful results’ and is ‘pie in the sky’ just once again demonstrates that you are financially illiterate.

I have never heard someone describe $134 million in Earnings Before Interest and Taxes (EBIT) as ‘not meaningful’ for a listed company that currently trades at a market cap of $200m!

I continue to purchase more SWM shares while the market throws the baby out with the bathwater and have plenty of dry powder to do so. In the coming months as interest rate cuts filter through to the economy the ad market will continue to rebound (this has already happened in New Zealand for anyone who follows the SMI data sets).

@Sparktastic In the same way that we don’t rely upon the blind to referee sports matches I would strongly advise anyone against relying upon your financially illiterate statements when deciding whether to buy or sell SWM shares.