SAS 0.00% 1.6¢ sky and space company ltd

15c + next week, page-25

  1. 831 Posts.
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    Imo the SP has tumbled because the timeline for the lauch of the 1st set of nanos and real revenue generation has slipped by around 12 months and investors are either losing faith or looking for quicker returns. Original timeline for 1st set was 2nd quarter 2018 but now it’s 2nd quarter 2019. It’s time the directors stop treating shareholders like idiots by making out everything is going to plan and they remain in line with their initial launch and revenue generation milestones. This is clearly not the case so they need to stop trying to con shareholders and be humble and honest for a change.

    I’d also like to see more concrete customer partnership agreements and evidence to support their revenue targets as the their numbers are based on their customers making tens to hundreds of billions of dollars per year. Where is the real hard evidence to prove this as the areas they are targetting are poor low income economies.

    I have a ton of shares and really do hope they are successful but based on the above I’m not feeling all that confident atm.

    Cheers SandyC
 
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