Due to the official announcement from KSS we all know the launch is planned for early November. Previous announcements tell us KSS have revenue contracts to the tune of greater than 50,000,000 (50 Million) with more in the pipeline. A second cluster of satellites , which is estimated to double their revenue, is due to launch with Space X next June. With all this in mind, I am perplexed as to why people are still selling at this point in time. Is it a lack of faith in ISRO and the India team or what?
My timeline guess: Trading Halt - Thursday 22nd Oct. Launch date ann - Monday 26th Oct launch - Nov 1st Open Price Monday 2nd Oct - 44c
Please note the above is not advice, is purely speculative and based on hopes rather than any information. Just having some fun with the expectation of great thing to come. Cheers All.
KSS Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held
