Does anyone know what a satellite is worth? SDA has 70+ satellites. At a low price of $10m per satellite, that's $700m! Current market cap is $211m. Current debt at 30th June 2019 was $620m. SDA seems to be undervalued to me. What do the shorters know that make them confident that it's got problems? They are within 4x debt covenants aren't they?
What is a satellite worth?
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