re: peoples thoughts - more than bigpond
I just woke up to the good ann. (I'm in Perth.) and have read all the threads this morningand would like to get my 11.5cents worth in.
I believe the co has 170mill on issue (is this right), so 20mill is only 10%. The price to the instos was about 10% cheaper than the performing price so the cap raising was more than fair to the shareholders.
If swiftel signed up almost 3000 in November then they will achieve their forecast of 14000 by end of June some time in the middle of January.
I had a look at their pricing yesterday as I am on Bigpond dial up and could not believe that adsl is $35.00 per month when BP is asking $70.00. How the hell can BP justify the price.
I am still unsure whether to change to adsl as I have a laptop and would like to keep a dial up. I don't use the internet for gaming or serious downloading, just browsing, banking and sharemarket.
I have a bid in for 11.5 like many others on this forum but don't think it will get filled.
Either way, price goes up-make money from shares already held, price goes down-top up and make more money.
Cheers everyone and good luck (though luck has nothing to do with this company)
