SW1 0.00% 1.0¢ swift networks group limited

SW1 End to end overview, page-167

  1. 3,251 Posts.
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    I topped up yesterday. There are a couple of funds selling that came in a part of the acquisition raise last June. Not because fundamentals have changed but because of position sizing. you can see clearly from the broker data and from the monthly investment report for one of them.
    Secondly, people expect news flow every week. pure fatigue - over last 2 years its happened a few times.
    lastly, there are a few options being exercised at present. There will be another 8 million options coming out at the end of the month which might be making people a bit wary. However, Hartley's latest report explains the capital structure really well. All options held by people close to the company.
    This will also give the company another $2 million in cash. I suspect we might acquire another business in the coming months.
 
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