The downrampers are a broken record noise. They have nothing new offer. No point of going to their level, they will beat you with experience!
They are too blind to see that the Smart Money are positioning themselves and they are putting money on SAS. The Top 20 holders shows Morgan Stanley and UBS are buying millions of SAS shares from 5c to 2.8c average price. If this is the case, there is no doubt the Smart Money are also taking their full Entitlement.
SAS is a victim on Initial Retail (mom and dads) pump and now obviously the Smart Money are buying the shares cheap.
Mainstream financial markets are only just starting to awaken to the commercial and disruptive opportunities that space offers, as technology is starting to tear down the high entry barriers to access space.
We forecast that the combination of declining space launch costs and advances in satellite technology will raise the value of the space economy from USD 340bn currently to nearly USD 1trn over the next two decades. And while traditional satellite, government, and military applications in space will continue to grow, in our view, the space economy will start to have major spillovers across several industries. The emergence of satellite broadband internet is one such example.
Space investing became real this year as Morgan Stanley hosts packed NYC investor summit
