SAS 0.00% 1.6¢ sky and space company ltd

Everblu capital have released a research report. Price target...

  1. 136 Posts.
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    Everblu capital have released a research report. Price target 0.74c. Interesting to note, "SAS Directors have advised us that any equity raise in Australia would be prohibitive at the current share price. Hence SAS is currently pro-actively seeking a strategic investor(s) internationally....We have assumed a strategic investor is on-boarded prior to the end of CY18, acquiring a 15% stake in SAS for A$40million"

    This would require the directors to sell (as they said they would) their escrow shares in order to facilitate such a funding partnership.
 
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Currently unlisted public company.

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