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Corporation
MOBILE & TELECOMMUNICATIONS | Telecom Services / Cable & Satellite
swoop.com.au

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Founded Year

2004

Stage

Reverse Merger | IPO

Market Cap

0.38B

About Swoop

Swoop provides internet services to businesses.

Swoop Headquarter Location

1A 10 William St

Somersby, New South Wales, 2250,

Australia

1300 333 200

Latest Swoop News

NAB (ASX:NAB) share price lower following director announcement

Oct 29, 2021

What’s moving the NAB share price today? James Mickleboro has been a Motley Fool contributor since late 2015. After studying economics at university back home in the United Kingdom, James came to live in Australia and managed to land a job at an Australian fund manager. This was the start of a love affair with Australian equities and he hasn't looked back since. James is part of the CFA Institute's Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help others with their own investing. Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns. You can see James' holdings here . Latest posts by James Mickleboro ( see all ) Image source: Getty Images The National Australia Bank Ltd (ASX: NAB) share price is trading lower on Friday following the release of an announcement . In morning trade, the banking giant’s shares are down 0.5% to $29.29. What did NAB announce? Last week NAB announced the appointment of James Spenceley as a Non-Executive Director effective from 1 December. This was then to be voted on by shareholders at its annual general meeting on 17 December. The bank highlighted that Mr Spenceley is a successful businessman, entrepreneur and venture capital investor who would bring important experience and different perspectives to the NAB Board. He is the founder and former CEO of Vocus Communications, the Chair of Airtasker Limited (ASX: ART) and Swoop Holdings Limited (ASX: SWP) , and a Non-Executive Director on the boards of Kogan.com (ASX: KGN) and Think Childcare Limited (ASX: TNK) . However, this appointment received some very negative press coverage and appears to have attracted the attention of proxy advisers. What’s the latest? This morning NAB Chair Philip Chronican revealed that Mr Spenceley has decided not to proceed with his appointment as a NAB Non-Executive Director. Mr Chronican advised that the decision was made after Spenceley reconsidered his overall commitments after feedback was received from proxy advisors as well as a number of NAB investors. He explained: “James was selected to bring diversity of experience to the NAB Board and his interest in market transformation. He has advised that he does not want his appointment and other commitments to cause concern for NAB or his other business positions.” “We accept his decision and will consider other candidates for the Board in due course, taking into account the need for Board renewal and breadth of experience,” Chronican added. Mr Spenceley added: “I have received feedback from proxy advisors on the impact of a large Board role on their ability to recommend my election at NAB and my other board positions. I appreciated the NAB opportunity and while I was comfortable with my capacity, I do not want to disrupt NAB, its shareholders or any company I am involved with.” Should you invest $1,000 in NAB right now? Before you consider NAB, you'll want to hear this. Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and NAB wasn't one of them. The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more. * And right now, Scott thinks there are 5 stocks that are better buys.

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Swoop Patents

Swoop has filed 49 patents.

The 3 most popular patent topics include:

  • Email
  • Payment systems
  • Spamming
patents chart

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Grant Date

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Related Topics

Status

12/23/2014

11/23/2021

Email, Payment systems, Barcodes, Commerce websites, Social networking services

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Email, Payment systems, Barcodes, Commerce websites, Social networking services

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Status

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Swoop Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Swoop Rank

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