Ouch.. I can relate to those sorts of losses.
Essentially, due to the new Directors and Company Secretary that have come to STI it is pretty obvious that they are looking to use it as a shell company. Most probably to RTO or find an aquisition in the tech sector.
A similar play was done at DUO (Peter Torney), and is potentially being played out at CMY (Peter Dykes).
Of course, none of this has been confirmed yet and is all speculation, but some smoke signals have appeared. It is worth adding also that such a play in no way guarantees success or even benefit to the shareholders.. but il be watching the events closely.
Hope that gives you a bit to go off![]()
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