GSW 0.00% 29.0¢ getswift limited

Class Action, page-21

  1. 1,063 Posts.
    lightbulb Created with Sketch. 803
    There is no obfuscation. This company is growing like a weed.

    Even if ALL the revenue was Logo, then they have purchased 60% of Logo at a 1.6x multiple. Thats a masterstroke of capital allocation, exactly the mutiple arbitrage they suggested on call.

    Also note the spike in product development costs, likely related to an integration imo.

    The lawyers on this thread are desperate to show a flailing platform, as their arguments in the CA rest on unfulfilled promises. Justice Lee will not be taking such a narrow view to a 36X of purchased growth.

    As for the loss, I suggest it's materially accrued legal fees. Ouch.

    You feeling lucky, punk?

    If I'm reading the situation correctly theres a lot for holders to be excited about. Very very excited.

 
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