SAS 0.00% 1.6¢ sky and space company ltd

You have to figure that this is the last roll of the dice for...

  1. 596 Posts.
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    You have to figure that this is the last roll of the dice for SAS.
    They simply cannot afford to disappoint the market again.
    They have been a train wreck now for a solid 18 months.
    As an estimate - if they are successful at raising $15M then their market cap will be around $40M after the raising.
    That is probably fair value for a company that may have something but to date has ZERO results.

    For that .5 cent share to turn into a 5 cent share ...they are really going to need to hit some KPI's.
    No company can be valued at $400M at this stage of the game if they are not hitting their KPI's.

    This now is a real gamble.....very easy to lose your money on this one.
    1st hurdle is raising the funds. If they can raise $15M then this may stabilize the SP...maybe even slightly bounce.
    If they do manage to launch some pearls then its game on. But its really now or never.

    If they cannnot raise the funds then the market has pretty much made their mind up - its over.

    This stock is only for the very brave.....GLTAH




 
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Currently unlisted public company.

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