SAS 0.00% 1.6¢ sky and space company ltd

Topbos - What rationale did you use to come up with your...

  1. 74 Posts.
    lightbulb Created with Sketch. 13
    Topbos - What rationale did you use to come up with your valuations ? There are currently 1.517 BILLION
    shares on issue (Refer Presentation Announcement of 27/3/17). Given that they haven't even launched the 3 Diamonds yet, to expect that with 200 up there, a val. of $3-$5, seems unrealistic initially. Unless they can sell more band width ASAP, even after the initial launch, they may need to go back to the well to cover costs to launch/construct the other 197.
    I hope you are correct, but a $4.5 to $7.5 billion market cap. without future CR seems ridiculous.
    In any event, I may be able to provide further info. on Thursday, as I am one of the lucky ones attending the informal gathering with the CEO MM in Melbourne on Wednesday evening
 
watchlist Created with Sketch. Add SAS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.