GSW 0.00% 29.0¢ getswift limited

Class action under investigation!, page-99

  1. 761 Posts.
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    Imho it is smart not to comment.
    AFR is throwing mud at them every day. They are in the spotlight now and what they say is very important. If they even say something that could be misconstrued afr and hotcopper downrampers will be all over it. Why do I say This? Because that's happened several times already over the last month.
    Looking forward to see the market update.

    I don't think gsw are saints here and my head isnt in the sand.
    Non disclosure of directors leaving is wrong and against asx compliance
    The prospectus does clearly state customers can leave at any time but I don't think for one minute that removes the obligation of management to clearly outline deals won what they are and the risks of them not going through. Ie I think in all announcements if their is a pilot period that should be disclosed and for how long that pilot is to run for then an update once pilots are completed successfully. For every customer. Completing a pilot and moving to production is a material point where a customer has proven the softwsre value and likely to expand it. A pilot is still in test phase. Just because a customer like fruit box no longer is material because they have signed bigger customers is piss poor in my opinion by gsw management to not disclose.
    However it is ASX who decide if an announcement is materially significant, not gsw.
    Further I think moving forwards gsw need to be much more clear on delivery numbers. I would hazard a guess that customers like cba with the 257 million deliveries over 5 years is a maximum forecast. Where is the min and average forecast? Their disclosures on new clients wom seem to give grand maximum delivery quantities without a clear explanation on how they see themselves getting there.

    But the down rampers on this forum is insane. Random people with no shares in the stock holders or shorters chipping in... armchair critics.... I don't value an armchair critic who sits on the side and has no financial interest in the stock. To those people you are hackers, go back to watxhing tv and telling people stories about what you could have been... I value people who have made an investment one way or the other... too many airchair critics mouthing off.
 
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