SAS 0.00% 1.6¢ sky and space company ltd

The Market is always right, page-69

  1. 10,529 Posts.
    lightbulb Created with Sketch. 2091
    Still falling in price as expected being that this looks like a professional pump and dump.
    This stock should never have gone over 10 cents until at least after the first space test.
    IM sure the long term holders are not to concerned as they would be still well in the green even at 10 cents,but for the latest buyers still holding there may be a lot more pain to come.
    A lot needs to be proven here to justify a fully diluted market cap of around 400 million let alone potential revenue that may still be a few years away.
    My call is that the share price will be closer to 5 cents in 6 months or at least under 10 cents.
    I will consider taking up a long term position about 6 months before the first commercial deployment unless before hand the share price is well under 10 cents.
 
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Currently unlisted public company.

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