I am sure SAS will eventually achieve their stated goals.
However, I must also state that I believe, due to Meir and Co.’s inexperience with running a listed Company and their perceived cluelessness to the vagarities of Mr. Market and its workings, there will be no return to shareholder value.
This cycle of lower share price, cap raising, lower share price again, is now in place and Meir and Co appear truly incapable of doing anything to stop it.
I just truly hope they begin to realise and understand the language the Market speaks.
The market was expecting a binding commercial agreeement and revenue examples after their latest Global Sat announcement.
The market got nothing, therefore share price was rightfully trashed.
And, Hunter was very, very surprised
Another case of Meir and Co over promising and under delivering.
Smart men, sure, but dumb/careless/thoughtless on the same token.
Best to all.
K
SAS Price at posting:
8.6¢ Sentiment: None Disclosure: Held
