SWP 2.44% 21.0¢ swoop holdings limited

That's what makes this potentially a good time for the Cap Raise...

  1. 2,013 Posts.
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    That's what makes this potentially a good time for the Cap Raise IMO Oscar. Personally I'd think it reasonable to expect the CR at 6 (give or take) cents will then create a sentiment cap around that level that means we're gonna have to suffer another SP drop.

    Shortly thereafter however, we'll get financial reports, and as a spec with incresaing revenue (highly likely IMO to expect min. 30% jump) with the speculative factor that you have referred to: the major outlets coming online will hpefully shorten the time of our CR pain.

    That's my prediction through to mid-July. No worry for medium or longer term holders the fundamental signs are good, opportunities for new investors and people with room to expand their holdings with the SP deterioration in the short term; pain for ST traders is my prediction for next 6 weeks.

    I'm sitting on around 8.1 VWAP, so sub 7c isn't pretty but I'm nowhere near reconsidering my holdings yet. Personally I think your 11.5 is pretty safe, just gonna take a few months.
    Last edited by Captain Blood: 14/06/17
 
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