SWM 2.44% 20.0¢ seven west media limited

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

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    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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