KSS 0.00% 10.0¢ kleos space s.a

I think we should also understand that KSS is still a inherently...

  1. 128 Posts.
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    I think we should also understand that KSS is still a inherently risky investment. The previous announcement of a November launch was a tentative timeline, subject to change thanks to external factors. If I was an portfolio manager, why would I risk my clients' money on a company that has yet to make any revenue and whose future is dependent on a launch date that could be delayed at any given moment.

    Unless the situation in India gets better, and until a fixed date is officially confirmed, no insto would dabble into a low volume speculative bet. When we launch, the story will be entirely different. I'm a very small fish in KSS with only 30k shares, that's about as much risk as I'm willing to take in this company. So if you flip the situation towards a multi-million dollar portfolio, KSS would never pass the due diligence in its current state. Better opportunities to make quick buck elsewhere and still have time before Nov.
    Last edited by Aven: 17/09/20
 
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Currently unlisted public company.

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