I'm drowning, not waving. Huge loss. Kept on hoping, despite all the satellite failures, that Kleos would turn a corner and manage to fix their problems. They gave every indication that things were still on track, contracts and revenue still imminent. Looks like their creditors were privy to certain information that Kleos did not disclose to the market and decided to pull the plug on them. Obviously high risk with this one, putting satellites into orbit for a start. Saw all the red flags over the past year, but still held on... hoping to recover my loss. I even bought more at around 45c last year thinking it was a good price at the time.... Can't imagine recovering anything from this at 10c a share, after all the creditors get their cut. Very sad and sorry and disappointed and... a hard lesson learnt with this one... coming crashing down to earth all of a sudden, so to speak, though the signs were there of course... Commiserations and best wishes to other holders.
KSS Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
