STI 0.00% 0.2¢ stirling products limited

Ann: 31 December Financial Report , page-9

  1. 187 Posts.
    Agree timely, and I still maintain day traders as much as anyone else responsible for current SP, after all it?s only got to dump/nose dive by $0.001 of cent and then pump/rise by $0.001 of a cent, to make a 20 % profit.

    It was always obvious it was going to be very tight financially, with very little cash flow, although admittedly I didn?t think quite so tight, and was always going to depend on a capital raising. However anybody who didn?t realize this was not reading the announcements nor following the stock properly, or just plain had other intentions or motives.

    However, it is the effect the dropping SP and negative sentiment has on the ability to attract investors for the capital raising that is and has always been the issue for months now, because that is the only thing standing in the way of success. No doubt there would be many that would not like to see them succeed and indeed may wish to buy at a fire sale.

    Now all those pump and dumpers along with all the continual negative slagger?s, (some of whom, I suspect are one and the same), will have to decide :

    A. Do I hang on, maybe even lend some support at these lower prices to help make the company succeed.

    OR

    B. Do I continue to slag, pump and dump and get out with a loss


    The decision can only be based on :

    1. Impressive, experienced team more than capable of success
    2. Numerous products both short and longer term more than capable of success
    (We all know what 1 & 2 represent, so not going repeat)

    3. AND of course the required funding, but if it?s not forthcoming one can?t help but wonder why, given 1. & 2. above ; eg. pressure of large influential business?s that may not want them to succeed springs to mind, when tackling sophisticated investors, along with possibly some share trader?s acting on their behalf and/or just the normal greed of day traders pumping and dumping, slagging and making money on a low priced easily manipulated stock. Pity I?m not a millionaire, I?d consider investing in this team and those products, but what would I know, I?m not one.

    Given that I have never seen the degree of 1 & 2 above in such a small company I can only hold and hope.

 
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