SAS sky and space company ltd

Ann: Trading Halt, page-41

  1. OzJ
    1,818 Posts.
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    I am curious about the trading halt. The announcement of the guaranteed $30m from BeepTool didn't require a trading halt. Put aside whether you think that deal is viable or not, it's a $6m/year deal for a company that previously had $0/yr in deals. And that didn't require a trading halt to announce.

    So that makes me curious what this announcement/deal could be that requires a trading halt.

    Previously, it was either equity changes/capital raising or Diamond milestones like launch and certification that required trading halts to announce. That leads me to think that either this deal is seriously more significant that $6m/yr in revenue or it is related to a GomSpace development or an equity arrangement.

    Hmm... anyways. I'm curious.
 
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