SDA 0.00% 79.0¢ speedcast international limited

Ann: Management change and trading update, page-5

  1. 18 Posts.
    mmm lucky there's something called Conditional Orders otherwise I would have been hammered by SDA.

    I'm not 100% sure if Elon Musk's Space X satellites who will provide internet to remote areas will effect Speedcasts business model (cruise liners & boats apparently need to be stable to receive Space X's signal, which they're not, so maybe there is still a market there), but I'm all out of Speedcast ... too much disruption in their business.
    Maybe Speedcast's defence & US government contracts won't flow over to Space X, maybe not.

    It was a lovely ride but without Beylier & without certainty of any moat ... I'm out & not looking back. Good Luck thrill seekers
 
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