the recent recapitalisation at 5 cents a share (with option) is probably still having an effect as some of the participating shareholders in that , sell at 6 cents for a 20% profit plus keep their option. there is also talk of the company buying another computer company with script so that could also be a negative for the share price as more dilution and if the script is at a lower price than current sp that would be a dampener on the sp to.
I intend to hold for a couple of years as there are good revenue growth prospects and hopefully they still keep the dividend its still a very small part of my portfolio due to it being illiquid
I hear the resource systems company that they bought out a few months back (for around 500k) is doing very well with repeat sales recently. Half year accounts due at end of February should confirm that.
STE Price at posting:
5.8¢ Sentiment: None Disclosure: Held