SW1 0.00% 1.5¢ swift networks group limited

Ann: FY20 Results Presentation Talking Points, page-2

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  1. 3,041 Posts.
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    Well i did not like the slag on the old management very much.
    I believe they did not understand the business at all when they became involved and did not understand its drivers properly. Previous management did even if it was a bit clunky. That's what you get with wrap ups.

    Head slap moment - Con Note. Pretty much showed they had no idea and i think i sold then.
    She could of said i made a very stupid decision to run with that. LOL.
    And was there an announcement at the time of the sell down??

    Medical media diluted holder here substantially.
    Yet it was for a Non Profit making company which i believe we were all concerned about.
    At the end of the day we paid way too much for it

    I like this bit the best
    "As a result, we now have more strategic options to realise value here. We are getting a lot of inbound interest in acquiring this business. We will explore these to determine what makes most sense for shareholders."

    Though not sure we would get $20m for her ATM??

    Though a couple more ticks and quiet possible and a few more and $40m possible.
    Thinks that's where it should be anyhow.

    Good luck guys. Those that held and bought below 1c Balls of steel LOL.
 
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