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clock Created with Sketch. 16/04/18
08:57
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Originally posted by Btrail
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Down 7.9% over 10 million traded. And some big buys in the auction. It appears SAS has set a solid base at 11.5c 5.58M on Commsec. I hope some people managed to buy the 11.5 drop not just the daytraders. I picked some up at 12c and watching the auction was crazy. Look I am down a bit on this stock but something like this CR has definitely breathed life back into it. I have followed all the FA and am truly a believer in this. Come next week I am saying we will see another announcement of another player signing up in some way and 2 months from yesterday I am sure we will see the Globalsat binding contract and we will have some other surprises along the way. There are many downrampers on this forum and I am not sure of the game they are playing many don't hold and just seem to come on here to spread fear. Anyone new to SAS welcome I hope you will DYOR and see the potential this stock has and the hard work at achieving milestones that management has put in to date. The CR was necessary as we were running out of cash and obviously couldn't find the partner or investor that would benefit the company in time and we needed to start getting our pearls built in order to stick with our time frame. I dare say in the coming months we will begin being updated on the progress of the first batch of pearls. We will hear of successful virgin galactic test launches along with some other surprises the motto thrown around until recently was under promise over deliver and the company has always been like that. The first batch of pearls has the potential to generate 60-100 million dollars with the entire constellation potential of 600 million to 1 billion dollars and that is by 2020. Anyone getting in at these prices at the moment you are in for a hell of a ride. I am LT and won't sell anything till long past 2020. GLTAH!!!
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Originally posted by Juanfrau
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Well I told you all!
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@Juanfrau you seem to know your stuff. I have a buy at 10c, but it is at the end of the queue (I do wonder if it will even be hit). I have got a feeling that there are plenty of people watching from the side lines that are starting to see value, that is just an impression I have from other forums and social media. I think one or two more tests will show that we are on or near the bottom. Obviously by nature a test can fail but I think this will run. The price is suppressed enough and there are short and medium fundamentals in play........looking for a reversal and volume.
