SAS 0.00% 1.6¢ sky and space company ltd

Ann: Trading Halt, page-21

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  1. OzJ
    1,818 Posts.
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    They do seem a bit trigger happy on the trading halts. Perhaps with this being a new and proprietary technology then every published milestone is material, even when they don't affect market price.

    Regardless, until there is more than three satellites then this won't get a big boost. If they can raise the money needed for the 200 from debt instead of equity then that would have a good impact on share price as it would demonstrate a new level of corporate robustness. Otherwise it's just all price on promise.
 
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