SAS 0.00% 1.6¢ sky and space company ltd

Ann: Reinstatement to Official Quotation, page-42

  1. 3,128 Posts.
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    Have just listed everything I have at 3.7c.

    That will be an 80% loss for me, yay

    Using the last of my SAS Hope Bank hoping that someone is silly enough to push it that high today.

    Even if they find a bank stupid enough to loan them money for an attempted launch of the first batch, on the what type of terms could they possibly hope to be afforded the loan??

    Even if they could obtain a loan on terms remotely attractive, who would dream that the Virgin Launcher will be ready by mid year and no further delays ensue?

    And even if they have a golden run from here in.....bank finance on good terms, successful in time launch.....they have to get them orbiting and operational.

    The risks far outweigh any possibility of even the most limited of success with SAS from here on in.

    My guess is they will be in administration before the end of the financial year.

    Good luck all.

    K

 
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