SWP 2.44% 21.0¢ swoop holdings limited

Look CRs are ok companies need to tap the market for funds as...

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    Look CRs are ok companies need to tap the market for funds as required, what is not ok is blatant manipulation to get a CR at a 40% discount to the RTO launch price .

    Not sure exactly how it went down and it may have been naïve of the company  :

    Broker ring ring after the last Q : "I see you are a little low on funds do you think you will be needing to do a CR, the SP looks a little depressed and could go lower , we could do something soon if you like "

    Company : " Yep looks like we might need to do something let me think about it and get back to you "

    Broker : " OK no problem look forward to your call"  .... puts the phone down and fires up the sell bot should help speed things up

    Company : ... Puts out a few positive News items but all are met with selling pressure ..... sh*t the sp hits 6.7 and tanking .... Better call Soul
 
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