The forecast revenue for ST1 around $155m currently exceeds its market cap, and this stock has been well oversold. For a profitable company, the SP has dropped to a level that is ridiculously cheap, but one suspects it won't stay there for very long. I'm reasonably confident that the Q2 revenues due out in the next couple of weeks will be fully on track with forecasts, and the SP will snap back.
All IMHO, DYOR
ST1 Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held
