SW1 0.00% 2.1¢ swift networks group limited

Spoken by someone that knows nothing about the company and holds...

  1. 275 Posts.
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    Spoken by someone that knows nothing about the company and holds no shares. If you bothered to read the recent announcements that stated the following you would see why this is starting to take off:
    1. $8m in annual savings
    2. $3.2m worth of wins recently
    3. 30+ aged care sales proposals pending
    4. successful SPP with enough cash to last up to 10 qtrs.
    5. Annual Revenue of over $22m

    It was also heavily sold down by the capital note holders as the lower the price was the more shares they got. Capital not now gone.
    Only took 10m shares to sell down from 15c to 1.1c and most likely from the CN people. This company has huge potential and Covid-19 has shown the aged care sector how important this company is to that sector and we will see more big contract wins over the coming weeks, months, years.
    This company still only has a market cap of $20m. I think this will be $100m+ in the next 12 months.
 
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Mkt cap ! $13.58M
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2.1¢ 2.1¢ 2.1¢ $52 2.467K

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1 300000 2.0¢
 

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2.2¢ 3000 1
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