SAS 0.00% 1.6¢ sky and space company ltd

Ann: $12m Placement Secured and $3m Priority Offer Underwritten, page-41

  1. 2,024 Posts.
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    I suggest you all read the disclaimer at the bottom

    even the 15m won't be enough if they fail to achieve various things, including securing debt financing for the virgin launch.

    the company financials have been terribly mismanaged and now there's cost cutting initiatives. I wonder, 80 staff, 1m+ salaries from directors, I wonder who's gonna get the cut??

    they also have to renegotiate payment terms with gomspace.


 
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