SAS 0.00% 1.6¢ sky and space company ltd

News & Media, page-2028

  1. 3,398 Posts.
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    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 ?

    Last edited by vigilante3: 13/03/19
 
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