SDA 0.00% 79.0¢ speedcast international limited

Ann: Speedcast receives US$395 million equity commitment, page-16

  1. 4,764 Posts.
    lightbulb Created with Sketch. 511
    In hindsight I could have avoided this loss. I had originally bought in at low 3s and sold out at around 5.80 but then bought a smaller parcel at $4 so even after all that I would probably been break even or close enough, and had I not got back in I would have been well in front. Should have identified that the debt was far too high and the businesses bought not performing as well as expected. I suggest that Covid 19 would have been the death Nell seeing a big part of their business shut down with the cruise lines.
    Another learning experience and big debt is never your friend.

    Christopher
 
watchlist Created with Sketch. Add SDA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.