Possible clash with cricket and tennis in the prime channel 7 this year. One opportunity may arise for Channel 7 to sell the tennis rights for this year at a higher price to Channel 9. Articles suggest it could be in the order of $10-20 million profit margin if they do that and may be some sharing it with Tennis Australia.
Channel 9 does not have any summer sports coming season. Good going 7.
Also, may be not so important but Morningstar has revised the fair value of SWM to $0.98 and highlighted current market price as undervalued.
Possible clash with cricket and tennis in the prime channel 7...
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Last
16.5¢ |
Change
0.010(6.45%) |
Mkt cap ! $269.3M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $127.9K | 790.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31250 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 102298 | 3 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SWM (ASX) Chart |
