SAS 0.00% 1.6¢ sky and space company ltd

Life changing possibilities, page-67

  1. OzJ
    1,818 Posts.
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    From what I can see, there are quite a few small parcel trades. Perhaps some folks are trying to get a couple pennies from the price so when it shoots to the high 20's on a positive revenue/test announcement (fingers crossed) then that's an extra 10% on the transaction. Day trades.

    Again, if you're a long term trader worrying about a penny or two then you're in the wrong game. It's sit back and see if they sign up contracts. See if they can raise capital. See if they can put more satellites up. The fluctuation day to day is irrelevant.

    We've got about 18 months to sit and wait to see if this becomes a profitable affair (or is on track to that by 2020). Until then, HC is good for a little time wasting and not much else.
 
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