Working capital is in a deficit position of $4.0million as of 30...

Working capital is in a deficit position of $4.0million as of 30 June 2024 The working capital deficiency is due to theestimated fair value of the 2nd tranche of the Moose Mobile deferredconsideration payable in November 2024. Then we had the sale of the voice wholesalebusiness for $9.0 million this puts the working capital at about 5.0 million. We then spent 2.8M on buying VN8 shares leaving ~2 million with about +3 million from operational cashflow puts the working capital today at about +$5.5 million.

We likley don't see any institutions as the last raise in october of 21 was at $1.85 we are 90% down for anyone who participated, SWP has been on a slow downward trend due to low volume of trades for years. Likely we have some grumpy holders.

We are now looking down the barrel of a dilution event with VN8 and a rush of new holders who may want to cash out, so no one will buy in now, they will wait for enviable drop. The risk is we get hit with a low ball takeover while at a venerable price. So short to medium term i see our price going the way of a Coles jingle. Long term still a hold.