Member Info for dan1nat1

Sorry mate my mistake, I was going off memory I must have split the 11m in my head as that was the total of the director sales mentioned in the RNS. Still doesn’t help us figure out what’s going on though ;)

11m stamped as trades on Thursday (1x 6m 1x 5m), that’s why I think there still something being played out.

Total announced was 11m unless have missed one?

11m recorded last Thursday, this is something un-announced so far.

ADVFN are now showing a separate trade at 8.5p for 250k shares...something is still happening behind the scenes, possibly still trying to fill those trades that started the tree shake a week or so ago?

Could be a current shareholder (director) selling directly to one of the funds buying in at a pre-agreed price?

On that "fall" on ask the difference on a �10k trade is around �12, good, bad or totally not relevant? You decide.

Ah, I see it now, got to be something to do with the buy in. One went through last week at 8.5p and that wasn't fitting with the trade for the day either.

Are you looking at last weeks trades?

I was just going to post the real bid is creeping up ;)

I hope you mean xmas 2019 ;)

Charts do have a place, I just struggle to find it on the smaller fast growing companies.For example I feel we now have massive support at 8.5p (based on the big placing with the funds) and don’t expect we will see prices below that level again unless something goes seriously wrong, the charts on the other hand would not recognise 8.5p as support. But we all make our choices based on whatever information we feel most relevant, so if they work for you it’s all good. As for the drop, I think the mm’s played a perfect tree shake, which I was quite happy about as it allowed me time to make a couple of top up purchases...both below the 8.5p level ;) Last weeks announcement will have been in the works since at least just after the investors presentation when the results were announced, it’s not just been knocked up in the pub on a packets of cigs. For me it’s a major turning point for SAT and for the type of investors we attract.

The trouble is the charts don’t take into account what actual happened last week...massive steps forward, and the reason for the fall in price in the first place.

No point trying to guess for the next 4-6 weeks, just sit back and know there is a shed load of fund money being invested.

Well with the new level of fund support we have and the announcement from yesterday I'm thinking �1.50 end May - Mid June. So 10p in today's terms, which we probably would have hit already had this deal at 8.5p not been being planned over the last weeks / months.

Yes but 11m of that was the directors sale to one of the funds.

Yes but I'm thinking we might be at 9p mid by the end of May ;)

And based on the amount of fund money coming in at 8.5p that must be our new support level. All looking good for �1.35 by the end of May ;)

I think the name change is significant as we broaden our product offerings away from satellite only solutions. For me the share consolidation could have waited another 12-18 months, but I expect this has been advised by the new fund investors and I am sure they know than me ;) Everything announced yesterday is pointing in the direction for us to really start seeing some new growth and we seem to be at a turning point on our investor profile as more funds start to take a piece of the action, all looking good imo.

I thought you had sold out ;)