STL 0.00% $1.90 stargroup limited

another buy call in australian, page-11

  1. 3,474 Posts.
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    I would not be too concerned bricklebar...couple of things going on. 1. Short term traders in ICP ( which I was going to be ! ) low of 33cents to a high of 53 cents in a couple opf weeks...that 57% differential...profits will be taken ! 2. Capital raising overhang at 50 cents...some punters selling now so the wall may not be a big at 50 cents. 3. Money's not in the bank yet - when the guidance is fact then you'll see another spike that takes the SP to the high 50's . I'm punting guidance will be fact on Feb 28th, otherwise I would have traded out at 50 cents.
 
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