SW1 0.00% 1.5¢ swift networks group limited

Ann: Correction - March 2020 Quarterly Cash Flow, page-4

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  1. 1,612 Posts.
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    G'day everyone!!

    Some promising share price movement today, and it should be onwards & upwards from here.

    Can someone please explain to me the significance of splitting up the "Swift Networks" (cash inflows of $340K) and "Medical Channel" (cash outflows of $522K) cash flows in this announcement?

    Is the medical channel the "disastrous in hindsight" Medical Media acquisition that SW1 made a year or two ago? The one that where quite a lot of shares were still issued for this acquisition?

    I am interested to see what the "Medical Channel" actually is, and why it is burning so much cash?

    Thanks in advance.
 
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