I had the same thinking about "good ideas attracting good money". But as the months wore on and it seemed as if a "preferred" partnership never developed I suspected that perhaps mgmt were playing hardball in negotiations. Can they afford to do that at this point? I don't think they can.
The 'can't talk about or I'll have to kill you' lines around funding coming from Meir are getting tiresome. Who knows what is happening with negotiations but I don't believe we can fund an entire constellation by CR's.
What I expect is a halt to the performance shares about to come out of escrow and confidence that mgmt has a plan to fund the entire constellation. What I am confident in is that I know Meir and the team are in a huge hurry to be up and running ahead of the competition. I am also confident in the tech itself.
In saying all of this I have taken my full allocation of the SPP as the best money I have made with SAS has been post CR's ( I trade around 25% of my holding to varying degrees of success). So we can all whinge about a CR but it is also an awesome opportunity IMO.
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