People on here talking about the fact that Meir or anyone at SAS not buying more shares at this level is in, my opinion, not a bad sign. One would assume that if they are in contract talks with Globalsat as stated in the June quarter update, it would be illegal for them to purchase more shares knowing that a significant commercial deal was to come of the talks and thus heavily influence the share price? Anyway, SAS need to update the market ASAP of what is going on as it is clear that people are not confident at all. The share price is getting hammered and with Meir and co owning over 55%, it would be stupid for them not to do everything they can to assure the market of what is happening.
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