SWP 7.50% 18.5¢ swoop holdings limited

Ann: Response to ASX Appendix 4C Query, page-2

  1. 13,119 Posts.
    lightbulb Created with Sketch. 2767
    lol

    paragraph 1, yeah we expect if inflows are the same in march and june qtrs., excluding purchases of printers it will MOVE towards cashflow positivness...errrr…………….. so following that statement financial nothingness,,,,,best read the next paragraph

    Paragraph 2,

    In a nutshell  - YES the Company expects to complete a further capital raising to fund operations. Current talks with secured lender - major shareholder / management and they have a capacity to issue up to 139,700,000 shares under the 10 % rule, and they believe the company will go on as they are successful in raising capital...…..………

    definitely agree with last statement, they are good at raising capital -they are the capital raising kings ----------------

    So -much for the great new business and extra cash raised for cashflow------

    expect more very painful dilution, forget the ideas pushed that it will crank to 10, 20 40 cents., they admit that a further capital raising is coming....……………...
 
watchlist Created with Sketch. Add SWP (ASX) to my watchlist
(20min delay)
Last
18.5¢
Change
-0.015(7.50%)
Mkt cap ! $38.51M
Open High Low Value Volume
18.5¢ 19.0¢ 18.5¢ $4.83K 26.08K

Buyers (Bids)

No. Vol. Price($)
2 28290 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.5¢ 27894 2
View Market Depth
Last trade - 14.48pm 09/08/2024 (20 minute delay) ?
SWP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.