sold out as well, ceo must think shareholders are right royal mugs. this raising will be used to pay their wages while they bombard you with how many new multi-million dollar deals they have going .sure price will rise again only to let the insiders sell shares to you.
STI already need to raise substantial dollars to pay for the property deal and their other latest multi-million dollar venture. Can only see massive dilution to existing shareholders in the longer term if they somehow manage to borrow the funds but cant even repay the interest.
lets see the ceo put his own money on the table.
Add to My Watchlist
What is My Watchlist?