No matter what the integrity and confidence of the directors, it 'is' being undermined by the non granting of the loan. If the loan is granted on the 13th of March I think that will be a definite boost to the company and the confidence of investors/shareholders. The Indue deal will be completed and showing up on Stargroups books, and it will be an endorsement of the Funding companies belief in STL.
What also could make a difference is, whether it would be just the $6.5m for Indue or the full $15m granted or somewhere in between.
STL Price at posting:
3.6¢ Sentiment: Hold Disclosure: Held
