SAS
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0.00% 1.6¢ sky and space company ltd

Ann: Trading Halt, page-107

  1. Senseightynine
    2,023 Posts.
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    04/02/19
    23:58
    Post #: 37328773
    we don't even know what the terms of the insurance are. From memory they said they are insured for revenues? How does that even work before you even begin commercial operations.Highly unbelievable to be insured for revenues before your product (literally) gets off the ground.

    My guess at best is theyre insured for construction and launch costs.

    Mitigates some risk, but not all and certainly not enough
    SAS Price at posting: 5.4¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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