Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,985.16
(0.65%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,061.27
(0.27%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,985.16
(0.65%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,061.27
(0.27%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,985.16
(0.65%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,061.27
(0.27%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,985.16
(0.65%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,061.27
(0.27%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,985.16
(0.65%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,061.27
(0.27%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,985.16
(0.65%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,061.27
(0.27%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,985.16
(0.65%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,061.27
(0.27%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,985.16
(0.65%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,061.27
(0.27%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,985.16
(0.65%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,061.27
(0.27%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,985.16
(0.65%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,061.27
(0.27%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,985.16
(0.65%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,061.27
(0.27%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,985.16
(0.65%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,061.27
(0.27%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,985.16
(0.65%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,061.27
(0.27%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,985.16
(0.65%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,061.27
(0.27%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,985.16
(0.65%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,061.27
(0.27%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,985.16
(0.65%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,061.27
(0.27%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,985.16
(0.65%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,061.27
(0.27%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,985.16
(0.65%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,061.27
(0.27%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,985.16
(0.65%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,061.27
(0.27%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,985.16
(0.65%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,061.27
(0.27%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Swoop Holdings (ASX: $SWP) seeks cash alternative for Vonex acquisition
- Author: Stock Piper
Swoop Holdings' strategic acquisition plans
Swoop Holdings (ASX:SWP) has announced an off-market takeover offer to acquire all the ordinary shares of Vonex Limited it does not already own. However, the offer currently lacks a cash component, making it less appealing compared to a competing offer from Maxo Telecommunications. Swoop is now exploring financing options to include a cash alternative.
Future outlook for Swoop Holdings' Vonex acquisition
Swoop Holdings is working to improve its acquisition offer for Vonex Limited by exploring financing options to include a cash alternative. This strategic move aims to make their proposal more attractive compared to Maxo Telecommunications' competing offer. If successful in securing financing, Swoop will issue a notice of variation to Vonex shareholders, allowing them to reassess their acceptance of the offer. However, there are uncertainties regarding the timely acquisition of financing and its terms. Swoop remains committed to communicating any updates through a supplementary bidder's statement, ensuring compliance with the Corporations Act 2001.
Executive insights on Swoop's acquisition strategy
The Swoop Holdings Board is actively seeking financing to introduce a cash alternative, which would potentially make their offer more competitive. The company plans to offer a cash alternative at a price higher than the current MaxoTel Offer if financing is secured on acceptable terms.
SWOOP HOLDINGS LIMITED
SWP | ASX | Communication Services
0.1750(+0%)
At close 24/12 (AEDT)
Market cap
$36.6M
Volume
5,250
DY Yield
PE Ratio
52 Week Range
0.155 - 0.25
1YR Return
N / A
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