STL 0.00% $1.90 stargroup limited

Anticipation., page-16

  1. 8,720 Posts.
    lightbulb Created with Sketch. 81
    I never understand why companies delay bad news - they must really think they will be better off by doing so - however the market will react accordingly whether its today, tomorrow or next week when the news eventually gets out - all it does in the meatime is cause unnecessary speculation (so probably an over-reaction to the downside) and inevitably management get tarnished by not having been upfront in the first place, causing a loss of goodwill and the market also prices according to doing what they say they're going to do - even if its just an announcement to say sorry folks, another delay.

    Cheers, Sharks.
 
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