Hi Zara
I’m still waiting closer to the 16 May before I decided what I will do,
If all holders that hold and bought in the CR pull out it makes it that little bit harder for SAS to achieve their goal.
And therefore could possibly cripple the company,
if only $3 mill or so short I think it will be easy for SAS to find an alternative to get the money.
But if most pull out well,
I still think they will get the capital needed BUT it will come at a price and does not help the other shares you hold in SAS.
In my case I sold most of my holding to put it in the CR to help the company,
But I’ll wait to see what’s released to the market before D-DAY.
If I pull out it will be a big blow for SAS as I put in heaps on the CR and as I’m one of there biggest supporter.
But I’m still confident that all this will be noise this time next year.
You can thank Michael Melone for this catastrophe.
If he did not leave as he did SAS would of had the money in bank,
we would be in a much safer position.
Anyway that’s my thoughts
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