STL 0.00% $1.90 stargroup limited

diluted capital raising for small holders, page-11

  1. 1,702 Posts.
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    Have to say that I dont agree.

    5c is not exactly a big discount on the price over the past 18 months.

    Also - the statement said they received strong support from new Institutional investors.

    Just as long as they put the cash to good use - and they are rolling out nicely now across Asia, then this should prove to be a good move for improving the companies scope over the next few years.

    5c should now be a nice base. If they can maintain current momentum then they could push up to 10c over the next year and thats fine with me.

    But I actually think they'll be more like 20c in a year from now.
 
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