SWP

5.13%

20.5¢ swoop holdings limited

Ann: Voluntary Suspension Update, page-39

First 39 Last

Share
Profile

Follow
asb83

5,884 Posts.

1179

07/06/19

14:09

Post #: 38961418
Share

Originally posted by Nomadic_Investor ↑

That's exactly the point I've alluded to - whether it be $44 or $150 left, had the company gone into VA and a full tax write-off against one's investment was available for this FY (obviously too late now, and trading won't resume til next FY), it wouldn't be too hard to argue that the tax offset would be worth more than remaining scrap value of '$x' - be it $44 or $150. Even that amount, conceivably, is likely to be limited by a 'glass ceiling' on account of the new capital structure of the company and its growth prospects.

Then, you read absolute rubbish from apologists of management, who somehow want to praise and give "kudos" to someone who has overseen multiple rounds of dilution after dilution, to the point of oblivion for the small holder. I won't even point out the irony in one poster's signature, that alludes to the importance of cash flow.

And the excuse that this company is some sort of startup? Well, if it was a startup, it should have never listed. Just because the ASX can be used as a VC proxy, doesn't mean it should. The reality is, that this is a publicly listed company, with a large shareholder base to which it should be held to account. Not a garage start-up with a handful of players. Even then - the chances that come from staying in the game, fling wildly to the sophisticated (and large) holders of the company. Not you, not I, none of us here.

Expand

Ryan will tell you that they reached all the targets set out in the prospectus.. But then again, anyone could have hit those targets with the amount of CRs and money they spent

SF1 Price at posting: 0.3¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

IMD

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

ARD

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

M2R

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

WNX

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

Emerald & Azure score Digger & Dealer awards

VTM

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

Bitcoin: Current State of Play & Where to Next | Swyftx

SVL

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

EQR

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

There are more pages in this discussion • 5 more messages in this thread...

First 39 Last

Add SWP (ASX) to my watchlist

(20min delay)
Last 20.5¢		Change 0.010(5.13%)		Mkt cap ! $42.68M

Open	High	Low	Value	Volume
20.5¢	20.5¢	20.5¢	$1.025K	5K

Buyers (Bids)

No.	Vol.	Price($)
1	25000	20.0¢

Sellers (Offers)

Price($)	Vol.	No.
21.0¢	4964	1

View Market Depth

No.	Vol.	Price($)
1	25000	0.200
2	80333	0.190
2	46221	0.185
1	200000	0.180
1	45000	0.175

Price($)	Vol.	No.
0.210	4964	1
0.215	15542	1
0.225	44238	1
0.230	33220	3
0.235	12765	1

Last trade - 12.41pm 16/08/2024 (20 minute delay)

SWP (ASX) Chart

Ann: Voluntary Suspension Update, page-39

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

Emerald & Azure score Digger & Dealer awards

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

Bitcoin: Current State of Play & Where to Next | Swyftx

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Voluntary Suspension Update, page-39

Top Stories

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

Emerald & Azure score Digger & Dealer awards

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

Bitcoin: Current State of Play & Where to Next | Swyftx

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News