New year new thread, page-5

SW1 mentioned in this LiveWire post https://www.livewiremarkets.com/wires/strategic-deals-at-premiums-but-no-one-cares

It is a similar story with Swift Networks (ASX code: SW1), a video-on-demand and telecom services provider servicing mining camps,
aged care facilities and hospitality.

Swift last week announced it would buy Medical Media, the operator of 2,300 screens in medical practices, and the vendors agreed to be paid
in shares priced at $0.301, a 20% premium to the market price (to be precise to the volume weighted average price of the previous 30 days).

Ahead of the announcement, Swift shares were priced at $0.265 and since then they have dipped as low as $0.245.

While we believe, as shareholders in both Scout and Swift, that the shrug of the shoulders given by the market to these deals represents an
opportunity amid the recent market sell-off, it is not the first time the market has failed to warm to the validation of strategic deals.