I mention it because its the truth so most instos/investors would be worried about that. Launch costs are a lot lower now as are the costs of building satellites.
Market is ascribing probably about -$400m EV for Spacelink given the hit is causing the NPAT line. They are looking for an EV of $1bn+ so until they prove that to be true the share price will not go up.
I'm invested and I believe but I still don't know whether they will be able to get the deal done and timelines have slipped already because they satellites were supposed to be in space by 2023. That has become 2024 but with hybrid RF/Optical terminals which makes more sense for the company to have a technical edge. That is cutting it close for the FCC deadline which I should have asked when in 2024 that was but apparently ITU deadlines are not such a problem.
I mention it because its the truth so most instos/investors...
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Last
$1.60 |
Change
0.025(1.59%) |
Mkt cap ! $307.7M | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.60 | $1.51 | $1.848M | 1.189M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 3 | 58164 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 4492 | 5 |
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| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$1.58 |
Change
0.025 ( 0.67 %) |
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| Open | High | Low | Volume | ||
| $1.57 | $1.59 | $1.51 | 173066 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| EOS (ASX) Chart |