I know a lot of people lost money here pre-consol, but with Virgin Orbit backing them, the rebranding and the consolidation, they could easily attract new investors considering thet have plenty of room to issue shares.
Listen, 900,000 shares on issue is nothing, it’s basically zero. If they issue 80 million shares at 0.20, they’d be able to raise 16 milllion dollars and still have too few SOI.
This will be one to watch, especially since they’ve already laid down the ground work and learned from their mistakes
SAS Price at posting:
1.6¢ Sentiment: None Disclosure: Not Held
