STL
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0.00% $1.90 stargroup limited

massive contract, page-10

  1. tektron
    4,484 Posts.
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    21/05/09
    13:09
    Post #: 5189729
    Very rough workover -

    what is the profit here?
    .5m in bank
    711967341 shares on issue
    24.5m on Balance sheet

    looks like 3.4c of value - profit on deal maybe what 10m at best? so say 4.8c maybe. So thus no 6-7c today!



    STL Price at posting: 45.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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