Can I also clarify a few things from my perspective as well………
You mention brokers like there are good and bad ones. I absolutely agree. Like there are bad banks and there are criminally organized banks. Unfortunately, brokers and bankers form part of the somewhat shoddy investment and financial global landscape. If you want to play the game, they cannot be avoided.
There is going to be a consolidation of BUR shares at a rate of 1 for 5. The new share price for what may well be “SSG”, is destined to be 2c. (i.e. 5 x 0.4c). Current price and one that will probably remain until consolidation is formalized, is 0.4c.
Following the CR, if there is a resulting knock back in price to 3c, it still represents a 50% increase in price from today’s price.
Based on projected investment vs projected return, I reckon the new SSG can be debt free and cash flow positive within two years. With our telco nanosats coming of Danish production lines and the likes of SpaceX lowering the costs to get nanosats into orbit, this business a ‘no brainer’! – It is without doubt one of the best potential money making opportunities I have yet encountered.
BUR Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
