SPA 0.00% 1.7¢ spacetalk ltd

Ann: Update on 2017 Financial Results, page-14

  1. 5,016 Posts.
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    What a sad story.

    12 months ago the SP was 3x the price of this proposed entitlement offer price

    And... They paid a dividend of 1.3c a share at the same time last year.

    Now asking for all that money back and more, massive discount to the price trading then and a further 20% on recent trading price.

    Feel bad for existing holders. Hopefully this new venture pays off and has more longevity than the old systems and revenue streams.
 
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