Looks like some knew this may happen given the buying at greater than the maxo offer.
Swoop does not currently have sufficient cash available to include a cash alternative or significant
cash component to the Offer. However, the Swoop Holdings Board has commenced a process to seek
financing for a cash alternative under the Offer. If Swoop Holdings is able to obtain financing for such
a cash alternative on commercially acceptable terms (as solely determined by the Swoop Holdings
Board), Swoop intends to vary the Offer by also offering all cash and part cash consideration
alternatives under the Offer.
Any such cash alternative would be offered at a price greater than the current MaxoTel Offer price
(being $0.044 per Vonex Share).
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