pk, page-8

Hey, are you hired by SAS and Huntter to ramp up SAS shares? Sure SAS has very good chance of a success by 2020, still nothing's guaranteed. Also, many existing investors now coming to realisation that SAS will face some steep competition as other players with cash in hand are also jumping into this shoe box sized satellite constellation business in other parts of the world. If some of them are successful, they will also jump into the equatorial constellation and directly compete with SAS. So SAS will be the leader but may not have a monopoly as SAS is trying to sell this business model to investors. I am not trying to be a negative Nancy here, just seeing through the reality. Eg.) Singtel ($10m) and Boeing have invested in another Australian shoe box constellation setallite business to shoot up 50 of these in short period of time.

Even I am a long termer, I like to see SAS's sp to move up and stay up. You said in your comments in Feb when sp was sitting at 16c, long termers are happy to participate in SPP and this company is going to make a killing by 2020. That was very deceiving for some as sp is what the market feels the sp is worth at present time, not in 2020. 16c to 12c to 10c now, compared to prior to the last CR Ann. This share has lost 6c... That's a lot of red days for all long term investors, just like hunter and all long termers, it has been a bloodbath so far this year. Your positive lookout is good but sometimes you need think with your head not with your heart. Anyway, if you are really in this until 2020 good luck to all long termers.