SW1 10.0% 1.8¢ swift networks group limited

Starlink global internet impact on SW1

  1. 64 Posts.
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    I've lost 90% of my initial investment in SW1 which is sobering. I'm tempted to top up at 8% of the price i paid to significantly lower my average price per share, but SW1s success is predicated in part because of no internet in the likes mining camps and oil rigs etc. While Starlink is expensive for a member of Jo public, it's incredibly cheap from a companies perspective. I fear this will have a decent impact to SW1, unless the weighting of earnings is shifted to the offering SW1 offers in areas where broadband already exists (resthomes and medical centres). Thoughts? Is most of their revenue from areas where there is no viable internet connection currently? I think satellite internet could change everything!
 
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