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79.0¢ speedcast international limited

Ann: Speedcast receives US$395 million equity commitment, page-7

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baldynumbers

3,886 Posts.

409

13/08/20

12:48

Post #: 46509818
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Originally posted by rajotel: ↑

I do wonder about the lack of disclosure by the company. and the true state of the accounts.

Yes covid was the final straw, but the writing was on the wall prior to that and I am not certain that shareholders were being given the full picture.

A small holding here as well, it is always a danger when dealing with highly leveraged companies.

I had already written my investment off in my mind, so any return at all was always going to be a bonus.

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this was well and truly over before covid...

this has been over a year of missed targets and declining conditions - all that needed to be disclosed was there - other than why they could not manage their business during a downturn... just appeared to be too top heavy.

SDA Price at posting: 79.0¢ Sentiment: Sell Disclosure: Held
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