STI 0.00% 0.2¢ stirling products limited

sti about to fly, page-8

  1. 3,448 Posts.
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    There was an article somewhere that gave a lot of info, can't locate it again. The gist of the article from memory was

    plant replacement cost is 20 million.
    STI get the plant for a very small amount up front.
    The purchase of the plant comes with forward orders.
    Creditors of the previous plant owner receive a percentage of the plant profits after the first 12 months.

    Please don't hold me to the detail, going from memory.

    It did appear to be a great value opportunity for STI.

 
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