SAS 0.00% 1.6¢ sky and space company ltd

News & Media, page-117

  1. 808 Posts.
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    "People who listened to everyone else are currently sitting at a massive loss.

    This is fact."

    No it is not. You do not know at which point people entered. Stop exaggerating.

    Irrespective, hanging your hat on an R&D stock that goes down during the "waiting" period after the euphoria has settled is hardly cause for bragging. You are just hoping beyond hope that new investors have not jumped in after reading your HC comments. You have previously advised us that that is your agenda.

    "The 12 million blackhole."

    Enough of this nonsense. How many times have you mentioned funding? 15-20? And how many times have you been told that funding will not be an issue?

    Sky and Space Global has today received firm written commitments for a heavily oversubscribed share Placement ($10m) and launched a fully underwritten SPP ($5m) at 12c per ordinary share (together, the Capital Raising). Announcement 13 March 2018.

    Do you understand what happened? More money than they needed was committed by fundies and SIs. Do you think for one moment given that SAS keep ticking every box next time if asked they will say "Oh no! we cannot commit more money. We will simply lose everything we put in previously and watch this innovative technology fail because ......". That is how ridiculous your scaremongering campaign really is.

    $12m is petty cash to a vast number of investors. So is $50m and $100m.

    Funding will never ever be an issue.

    Shareholders are in this for the long term. Buying at these prices gives others an opportunity to enter at the low point.

    Until you have anything concrete to say about the technology and application of the technology, then you will be looked upon as, I will go with your word, "annoying".

    BTW, you will never have anything negative to say about the technology as you are not qualified to do so nor have not researched the company.
 
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