Looks Bad for SAS. Been watching and waiting for a buy for a long time but everything released to the ASX has just been hot air so I avoided. Their latest response to the ASX questions basically gave them the bird and said nothing like all other statements.
I still like their ideas and hope that somehow they can get their vision realised.
I would think that the revenues they're predicting this year would be good enough for a bank to loan them the money - Are they going to the banks to get the money or do they have another option available?
On balance I feel this is the end of SAS but I hope I'm wrong and that all holders have the last laugh.
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