This is definitely a bottom drawer stock...The 20000 extra revenue a month might sound small, but when the quarterly loss of only 80000 is considered its a BIG number, even more so considering the capitalisation of the company. I'm tipping STE will become operating cashflow positive in the next quarter.
The optus marketing machine is starting to kick along. Had a chat with our telecommmunications resource manager at work about them, and he thinks they are the real deal...and unique to other similar providers in Australia. He's also thinking of signing them up for our company...which would mean about 300 more mobiles.
I've been a constant buyer under 10c as impatient people have sold out...i doubt it will ever see sub 10s again though. Personally perthsnooper i hope singtel or whoever stay away from it...im not in it for a few cents gain.
Cdchi1
STE Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held