SPA 3.45% 2.8¢ spacetalk ltd

Ann: Appendix 4C and Quarterly Activities Report, page-59

  1. 174 Posts.
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    I get the feeling something is happening here. Either someone is building a position (and possibly knows something) or the price is being supported for other reasons (e.g., capital raise).

    It will be a big test for Spacetalk if we go on another run (e.g., up 50%+ again). If management is sincere about the transition to positive cash flow, they'll just carry on with the work and the market will ultimately reward the stock. If they've simply been crafting a narrative, we'll see a capital raise and a complete disintegration of trust.

    This could easily triple in short time if investors see it as self-sustaining.

    Time will tell!
 
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