Cheer up! SWT still are exceeding their figures for their forecast EBITA of 1.3 million last year. If they raise capital to expand into NT and Hobart, then thats a seperate issue.
Other directors bought the shares sold by C Gale.
Good chance if their is an entitllement it will preferenced to existing shareholders.
Lets see what the announcement says. In the end though, SWT has the customers and is growing by 50 % per month. Despite what one post said here, by FEB they are going to be the 4th biggest DSL seller in Australia.
So its not like anything has changed, just the co. will probably be getting bigger.