SWF 0.00% 12.5¢ selfwealth limited

Superhero / Swyftx, page-4

  1. 6,031 Posts.
    lightbulb Created with Sketch. 1470
    I'm unable to read the article. Pay wall.
    Not sure why they'd be paying a dividend while firing and trying to raise capital. Maybe the dividend was some months back?

    I found their explanation about interest to be confusing.

    Swyftx holding 15% of the crypto in their own controlled wallets plus 85% as receivables, eg. Held by binance for Swyftx customers?
    Maybe 20% in high risk interest arrangements at EOFY, but only 1.4% now, since FTX?

    Meaning, if something else goes belly up, maybe only 0.5% of their clients get done over, so less reason for government intervention (ASIC).


    This is their second round of firings. What does that mean for superhero and their merger...

 
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