SWP 9.52% 23.0¢ swoop holdings limited

Basis of Preparation Albion 3D Investments Pty Ltd ("Albion")...

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    Basis of Preparation

    Albion 3D Investments Pty Ltd ("Albion") acquired the existing shareholders’ interest in the net assets of Robo 3D Limited ("RBO") at acquisition date, 14 December 2016 therefore the consolidated financial statements have been accounted for as a continuation of the financial statements of Albion, together with a share based payment measured in accordance with AASB 2.

    This is relative to the initial acquisition which I am not totally across but comes onto the financials as it was settled in December 2016. Shows how young this company is.
 
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