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1.6¢ sky and space company ltd

Ann: Trading Halt, page-176

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Universe15

259 Posts.

12/03/17

17:00

Post #: 23284466
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Originally posted by malmanu ↑

Satellite 2017 delivered a warning regarding a bubble in satellite and launch markets , considering the capital required by SAS to put out 200 satellites and its low cash levels its a risk they might not get the funding going forward . Actually with the 2 customers they have so far nothing is of a commercial contract yet.

"Space startup companies seeking to raise money may face problems in the years ahead, particularly in satellite and launch markets where there are already a large number of ventures, investors and analysts warned." - See more at: http://spacenews.com/space-startups-risk-a-bursting-investment-bubble/#sthash.aKHPnNy2.dpuf

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Our knight in shining armour is back again to rescue all of us from making terrible investment decisions, what would we ever do without you and your in-depth research into SAS?

SAS Price at posting: 19.0¢ Sentiment: Hold Disclosure: Held
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