I said there would be dip after launch. Hopefully that is done now. In other examples I've been looking at of dips after known good news, the price now goes up and down in smaller cycles, settling somewhere around the half-way up the pre-news spike value.
What I'm hopeful of however is a return and gradual climb to higher levels because the market must realise that SAS are now a better proposition and investment compared to the 1st of June (when the price was around 20c) because now there are three working satellites in orbit that are in communication with the ground. As certain as it was for that to happen, there's no denying compared to SAS of the 30th may (23c SP), SAS at end of June has much better credentials.
SAS Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
