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09/01/20
10:02
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Originally posted by Lebba:
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Hunterr mate, how many times have you said that SAS is a dead duck and will never trade? What makes you so sure that the professional investors will not take up the full short fall? You are starting to sound like a paid downramper who does not want this company to succeed. Although I respect your decision not to support the company at the 3 cent and 0.5 cent CR, I hope you do not regret your decision if SAS does begin trading and the SP does start increase, as that may be a lost opportunity to recover your loss. Come end of Jan, SAS will highly likely have the full 15M, and this will be a turning point for the Company, IMO. Nice that you are implying that they will trade again. This is a slightly differing view to Hunterr. Yes, of course SAS will need to ensure they comply with ASX requirements before they relist. Meir has mentioned this to me over the phone, and it was also announced recently. However I do not agree with your comment that they will not get the full money. By the end of Jan, we will know either way.I assume you are talking about me Zara. I am still around, and I still stand by my comments regarding the soft book. And I guess I am one of the "suckers" that has taken up more than my entitlement, however I have done my research and spoken to the right people to make an informed and measured decision. Santa, I appoint you the official new SAS upranper. GLTAH.
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Where did I imply they will trade again? I think they won't trade again for 2 reasons: 1) Auditors will not give them a clean bill of health. 2) They will not raise sufficient money. You are really desperate. The fact is, only $1m was raised out of $10m - FAIL. the MD only put in $25k - FAIL. the other directors put in $0 - FAIL. All other CR's this year - FAIL. Do you see a trend here??