Last push down to high .03c range if the .041c CR rumour is correct. If that fails on volume then it's a fast drop to low .02c and reaaal penny stock territory where risk v reward would look ridiculously attractive (not likely IMO unless 2019 is a complete flop) The .05c range held really strong for quite some time on low financial sentiment and lots of retail doubt so even the drop to .041c and thereafter subsequent drop due to dilution may be short lived as once again the risk vs reward looks very appealing.
Remaining bullish for multiple TA and FA reasons and IMO my 2nd last chance to significantly top up (as bottoms are generally tested twice for confirmation) when the remaining stout retail investors give in due to those big red numbers on their screens and then the market potential of SAS begins to grow anew towards the back end of 2019.
I believe strongly that come hell or high water the first batch will be launched in 2019.
At the completion of the first launch and if/when commissioning is successful & if the numerous MOU's begin to turn binding then it's a major momentum shift and company defining. If a month or two pass by after first batch and no binding agreements substantiate (10-12Mil accumulative revenue ballpark) then It's a dud tech and VA will be called in / Takeover offer accepted.
Telecommunication Nano satellites in space, what a ridiculous idea people will say in the years to come as they are driven to their meeting in an autonomous electric taxi whist looking out the window watching a police drone support officers apprehend a suspect in the field and adjusting their meeting plan on a supercomputer they hold in their hand .....
Investors mindset glass half full.
"If you're wrong then you're wrong and it was wrong but that's all right........but what if I'm right?"
Stay staunch SAS Investors.
- Forums
- ASX - By Stock
- SAS
- Ann: Trading Halt
Ann: Trading Halt, page-103
-
- There are more pages in this discussion • 110 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)