SAS 0.00% 1.6¢ sky and space company ltd

Ann: Financing Update $10.8m Entitlement Issue and $5m Placement, page-13

  1. 419 Posts.
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    Not really. What it is, is the inability to secure funding from the institutions. SAS are now hoping that retail investors will essentially buy themselves out of trouble, as we all know the alternative is bust. A complete and utter act of desperation attempting to source funds from those who can least afford to lose it.

 
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