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1.6¢ sky and space company ltd

@Mitchum Why compare apples and oranges? Just because they are...

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14/06/18

10:01

Post #: 33700726
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Originally posted by Mitchum ↑

Revenue is not profit, people forget to take into account the $5 Billion spent through 1998 to 2007 getting Iridium up and going. It actually went bankrupt and the debt wiped and taken over two times with a heap of money spent to keep it up and going. I am not going to post all the info in all it’s glory but google is your friend, start with Iridium on Wikipedia.

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@Mitchum

Why compare apples and oranges?

Just because they are both satellite companies that does not mean that their market, expenses and business plans are at all similar.

Again, bit like Mack Truck and Fiat. Much big market for Fiats don't you think?

SAS Price at posting: 8.3¢ Sentiment: Buy Disclosure: Held
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