Ann: Supplementary Bidder's Statement and Notice of Variation, page-4

IMO

Covid had limited effect on the share price of SWP as its services were not directly impacted by covid, in fact its biggest trading week was the first week when some 10M shares were traded and since the weekly volumes have deteriorated to dismal levels.



The market initially would have been enamored by the inclusion of James Spenceley on the board given that this truly is within the realm of his experience but even with his inclusion this has been on a continuous downtrend since September 2021.

Also, sorry to burst your bubble but there are several internet providers who have failed to excite the market