SAS 0.00% 1.6¢ sky and space company ltd

African income estimates, page-161

  1. 1,547 Posts.
    its possible they need more contracts in next 12 months so when they ask for 100mil etc to pay for the whole operation share price climbs and no more major dilution . no good raising cash at 2 cents that kills the shareholders , even get gov to stump up a little if it comes down to you guys. you will fund it, your shares will be worth zero after dilution and company goes forward , you need them to look after you as well. two way street .thats why share price right now is a risk high market cap that can get a lot worse if they keep asking for more . thats were lyc got into trouble . they have the rare earths in fact best in the world but they have dept that they cannot pay back . not good this costing more then revenue
 
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Currently unlisted public company.

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