SWP 4.76% 20.0¢ swoop holdings limited

all smoke and mirrors. this is a rerun of ST1, just buy up...

  1. 412 Posts.
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    all smoke and mirrors. this is a rerun of ST1, just buy up everything and of course there will be synergies. This is a churn and burn plan. Ive been waiting to see how they perform before jumping in, but there seems too much risk for me. I got into FSG @ 14c and on two thirds the revenue they posted a $2m npat. Always go for the business with good fundamentals rather than hype, you go up too quick it invariably come down
 
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