SWP 2.63% 19.5¢ swoop holdings limited

Ann: $1.3 million trade finance facility secured, page-5

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,326 Posts.
    lightbulb Created with Sketch. 487
    Used to invest in the company due to a young and enthusiastic team however their staff and admin cost are twice the revenue. That havent even take in consideration of production costs.
    They need to get rid the sale executive guy. Get getting pay close to 500k a year and I dont see him done much. Most of their sales are on amazon anyway.
    Bestbuy is a failure.
    By the way they already drawn 750k from 1m loan previous. How are they going to pay back is a big question.
    Still watching this company and I do hope it to grow as I will buy back in.
    Good luck all!
 
watchlist Created with Sketch. Add SWP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.