SAS 0.00% 1.6¢ sky and space company ltd

Ann: In Orbit Testing Completed Successfully, page-35

  1. OzJ
    1,818 Posts.
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    Sigh. Here are the milestones that matter:

    @ Can they sign contracts and generate revenue? Not trial revenue from three satellites into an African charity for an hour a day, but real revenue.

    @ Can they raise more money? Trial revenue means they can borrow or sell less equity.

    @ Can they put up more satellites? Do they delivery commercial quality services? Not determined by company releases but by customer feedback?

    It will be almost 18 months until these questions are answered. This share is not going to shoot up in the immediate term. This is a not get rich quick scheme. This is a high risk Australian tech stock. Doubly risky for being Australian. Patience, time and luck are required.

    I can see many here are stressing every day over the minor movements of the share. I recommend you switch your computer off because there is a long time still until we see if SAS will be valuable.

    Fingers crossed. But relax, folks.
 
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