RE: Oh dear, SWC struggling to get capital?17 Jul 2025 09:19
They have £4m in the bank, so cash is not needed as of today and likely for some time to come...
That said, it would be interesting to see what revenues are coming in from the web design business - I believe it was around £250,000 a year...
Also, keen to understand what the annual cost of running the overall company may be - yesterday I was on a broker call re another BTC treasury company listing any day now and there annual costs were £700,000... and they are listing on AIM.
Not sure SWC is struggling to get fresh funds, but I do wonder how long they can place/raise at closing share price?