Possible CR coming IMO. Very little cash and a very stretched...

  1. 896 Posts.
    lightbulb Created with Sketch. 142
    Possible CR coming IMO. Very little cash and a very stretched balance sheet with lots of debt.

    Investor presentations are a red flag and I have been burnt so many times in the past with a CR following.

    They make out as if they are pitching to new investors who will buy on market but then it turns out 90% of the time they are giving an introduction to the business in anticipation of an upcoming CR at a nice discount.

    FA wise over the long-term, I really can't see how STL can perform. ATM use is in structural decline and this will only get worse IMO.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.