Ann: Swift Signs New Contracts Worth $2M, page-9

The company announces the cap raise and SPP.

1.The cap raise is oversubscribed - tick.
2. Announces new Aged Care contract with Uniting Care 1986 rooms - one of the big seven providers. tick.
3. Wins case with DXC- receives $1.525m. tick.
4. Wins $2m of new contracts, including recurring revenue from Govt and Mining. tick.

Result - share price goes down. They should release bad news, maybe the price might go up.

Going to take some SPP. Took up the last one at 1.5c when things were a lot cloudier. They have doubled in price. Expect it to happen again (with the usual risks).