SAS 0.00% 1.6¢ sky and space company ltd

Well, SAS Mgt only thought this share is worth 12c, so they gave...

  1. 196 Posts.
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    Well, SAS Mgt only thought this share is worth 12c, so they gave them to instos at that price. Say, if they did SPP at 15c and looked after us, many retail investors would have reached deep into their pockets for SPP participation. They called me 3 times on the last day to throw $15k at the company, it is better to buy now than paying 12c at SPP price. You sound like you said Yes to SPP and you are already -12%. LOL. Since the Mgt was not really intrested in looking after already caught fishes, they only looked after new fishes, insto investors. This p***ed off many investors and also brought in negative sentiment to push the sp down. Rule number 1, you don't need to feed the caught fishes. Why would they anyway?
    Last edited by 56amons: 18/04/18
 
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Currently unlisted public company.

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