SW1 16.7% 1.0¢ swift networks group limited

Ann: Swift Cashflow Statement Commentary and Appendix 4C, page-37

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    Implementation is fixed so it can be quoted. I reckon they have provided range of rooms serviced as with any mining projects, staff employed are scaled up or down at times. Also, mining projects services are higher revenue as it is more challenging to service them than an aged care facility in metropolitan city. Also, the fee charged depends on the services and content/ packages taken . From my research, the per month charges for mining rooms are 3-4 times higher than the same if it were an aged care room.
    Due to the uncertainty and also, because of the fact that competitors will find out information. $$$ figures are not provided. This shows prudent management as they don’t want to over promise and then fail to deliver on it .
    But I am confident this will be $8-$12 mil contract over 5 years.
    Last edited by Inferno31: 11/05/18
 
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