Stargroup has other acquisitions under contract that could be completed if the $15m was granted but seeing as the funding company has had difficulty getting the money together it's unlikely they will come up with anything more than the $6.5m. The $325,000 is more or less a confirmation that Indue will be the only acquisition for the mean time whilst the others will have to be financed through further negotiations in the future.
STL Price at posting:
3.6¢ Sentiment: Hold Disclosure: Held