SAS 0.00% 1.6¢ sky and space company ltd

Analysis of SAS, page-12

  1. 2,143 Posts.
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    There is a good reason for not holding..
    if you go back to 2016/17 posts you will find warnings by me and others about the risk with who were involved in setting Sas up on ASX ... they have had a previous history in burning SH and are basically money lenders that sit on boards, ride the hype, make a profit and jump ship when it’s looking like a failure ... guess what? They’ve jumped, made their millions and left.. nothing wrong with that - it’s business, it may be morally corrupt but quite within the rules.
    Share Holders are now left with the mess, I don’t think it’s right to blame them for believing the hype expect them to bail Sas out, there are supposedly qualified geniuses running the company, surely between them they can scrape together $10mil from all the many conferences, roadshows and government contacts they have made.. it’s chump change.

 
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Currently unlisted public company.

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