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10.0¢ kleos space s.a

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-3

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Carnival

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27/07/22

14:37

Post #: 62756062
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Originally posted by kgtom: ↑

I was expecting revenue of $1.5m, Just missed with some deferral. Re-entered with a small purchase at a little higher price than I hoped.
I'm hoping the worst is behind this company. Like their idea but still not too sure if they can successfully implement it. Thus a small purchase to keep me more focused. Hidden seller at 47c.

The thing that terrifies me is that this may become a job for the boys. Far too many hangers on in senior management and board. They gloat and proudly display 21 names. Are all these needed? Senior Financial Officer. Senior Revenue Officer. Senior Technical Officer. Senior Innovation Officer etc. Scares me. Nevertheless, as i said, took a small position and hope for the best. We'll see from here.

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Over $1m of the $1.3m was not revenue for the quarter. They anticipate recognising it as revenue in Q3. I guess the timing depends on when they manage to commission the satellites.

KSS Price at posting: 51.5¢ Sentiment: None Disclosure: Not Held
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