SKG skynetglobal limited

3 business days to secure russian money

  1. 8,265 Posts.
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    SKG as previously announced extended to the 31st of August the time for the Russians to come up with the money for its much touted March deal.

    The share price is not indicative of anything coming but come the 31st........IF.....the money does not come,SKG will have to do some very fast talking explaining why.

    And perhaps ASIC and the ASX should take a closer look at the original announcement,terms and conditions to see if investors were misled.

    Its looking less likely of happening and if it des not eventuate ,could be the trigger for a sell off in SKG.
 
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Currently unlisted public company.

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