Post launch SP, page-36

One reason the share price might have fallen after launch is the changed focus of investors from hype - to - revenue and profitability!! It happens overnight.
The best and wildest speculation is when facts are not fully known, and there is nothing to measure against.
All of that changes when production begins, and profit can be measured over time. Mining exploration houses see this when they move from exploration to actual production.
The calculators will be coming out shortly, and adding up subscriber revenue predictions, rate of new subscriber uptake, costs of new satellite launches, overheads, and likely realizable profits in cents per share.
They will be trying to determine how defensible this disruptive technology will be against competition, and assigning a gut feel PE ratio to SAS.

The market is a fickle beast, but there may be some downside - or none at all.