My prediction is 4 cents in coming weeks
Then some massive selling smarties taking their cash back.
Price to then fall to 2 cents where it will hover pip up pop down . For the next two years until some sort of revenue is in place . Or at worst VL which is a on the cards ,
Directors supporting the credit raise with their loose change does nothing for confidence in the company
In bed with a launch company that has never launched satellites before is very risky. Some will say we are insured. Mayb but I can tell you the share price won't be insured against a failure
Options offered as a carrot to partipcipate I won't be falling for that
I won't be putting anymore money in .
They will expire worthless in my opinion
If by some chance in can survive then mayb in five years it may get to 10 cents.
Number of shares on offer and more CR to come will prevent any meaningful share price rises for years and years
I really think there is better bets elsewhere on the AXS
To those invested up to their eyeballs in this thing . Start taking some money back on any price rises . At least that's what I'd do . I have come to terms long ago that my money is lost . I'll keep holding my six hundred thousand shares in hope of a miracle
SAS Price at posting:
3.2¢ Sentiment: None Disclosure: Held
