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1.6¢ sky and space company ltd

Price Predictions, page-210

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verce

7,519 Posts.

847

23/04/20

16:06

Post #: 44216428
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Originally posted by verce ↑

I agree that there can be no reward without risk, but there is also an element of due diligence and research involved to weed out those stocks that are far too aspirational in nature.

For example, I looked through the last quarterly and there is zero revenue coming in. Zero. How will the company sustain itself without massive dilution to shareholders? It's already approaching 2 billion shares issued.

Yes, first material revenues expected from H2 2019 according to the quarterly. If this was such a sure bet with vast millions of dollars basically for the taking, don't you think one of the existing giants in the space and satellite industry would have already considered this?

I think comparing SAS to A2M is very generous. Not much else I can say on that front. You believe in the business model, so I hope it works out for you. However, if you have as many shares as you say, I would seriously advise rebalancing your portfolio to something less risky. Otherwise it will likely end in tears for all involved.

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First posted this 21 July 2018.

I wish I had been wrong.

SAS Price at posting: 1.6¢ Sentiment: None Disclosure: Not Held
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