SAS 0.00% 1.6¢ sky and space company ltd

Ann: Quarterly Activities and Cashflow Report, page-93

  1. 556 Posts.
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    There have been a number of CRs on this stock. Starting at the RTO at .02, then .085, then .19, then .12. What next?

    With that cash burn as mentioned, and assuming no significant revenue from the Diamonds (that have been up for over a year now), I'd say two more quarters of cash burn before another CR would be needed, bringing us to another CR at end of year or early next year. If so, SP following downtrend and those in the red selling as they can recoup losses, SP recovery is slow. CR would probably be around .05 and would be timed to coincide with the ramping up ANNs of the launch of the Pearls next year.

    If there is another funding model I would like to hear it soon and as an official ANN rather than forum spec. Current outlook isn't great for the immediate months ahead and downtrend is pretty firmly in place.

    If there is some revenue in place or owing an update would help clarify the CR prospect.

    All best,
    D




 
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