Oh really ? How do you know that ? Because they say so ? So you believe their announcements and claims?
How about this one : 19th March 2018 SAS ‘3 Diamonds’ Nano-Satellites Generate First Revenues ?
Some of the announcement highlights were :
•The ‘3 Diamonds’ nano-satellites have commenced generating first revenues from existingcustomers, a major commercial milestone for the Company.
• First revenues follow months of successful performance optimisation and recent designation ofthe 3 Diamonds as “fully operational”.
• Approximately A$1million of annualised revenue is expected to be generated from onlycurrent contracted customers to use bandwidth generated by the 3 Diamonds.
• Binding contracts with customers to utilise the 3 Diamonds narrowband communication datacapacity for internet of things (IOT), machine to machine (MTM) and asset tracking services, isexpected to ramp up during H2 2018.
True ? If not, can any of their announcements or claims be trusted ? Or do you prefer to overlook a few inconvenient untruths so that you can fool yourself into believing your investment is sound ?