Well, we’ll see what asx think of these answers and whether they will resist.
my personal viewpoint is that although I won’t be taking up my entitlement, I think sas are going to make it through the next year. They have been put through a genuine wringer by both asx and asic and, to my eye, look to be answering well. I think asx will let them exit suspension.
my estimate is that with all the dilution this and the next CR will likely cause, I’ll need the price to hit a $1 to get my money back. Something like a $5b market cap. I rated the chance of if avoiding VA at something like 0.000000001% but I think that’s come in heaps. We may actually be something like a 50/50 proposition of getting the 6U’s up. I may rate me a 0.5% chance of seeing my whole money back. Maybe one in 200. Amazing it’s anything at all.
these guys are certainly tenacious.
SAS Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held
