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Our satellite maker is being sold, so says the BBC in December:
"Miniature satellite maker Clyde Space is being bought by a Swedish space tech company in a deal worth �26m.
AAC Microtec is acquiring the Glasgow-based firm under a share sale and purchase agreement.
The deal will see AAC own 100% of shares in the Scottish firm. After completion of the acquisition, Clyde Space's owners will hold 49% of AAC.
Clyde Space said the transaction would create "a global-leading company" in the small and nanosatellite markets.
The deal is expected to be completed at the end of January."
Will SRT go a similar way before very long?
Exceptionally broad quoted spread this week ( 4p up until today ) Then spread cut to less than half that today, and an erratic SP. Then a big sell at the close ( Stop Loss?) Any ideas what's been going on?
More details of the planned satellite system in SRT's latest Newsletter on their website.
Promises to be a new generation high performance system.
Just hope the customers buy into it.
I think you're being a bit optimistic re dividend.
More patience required for some time yet. A well handled webcast, considering the Indonesia news earlier in the week. Plenty more (big) irons in the fire though.