STL 0.00% $1.90 stargroup limited

Ann: Notice of Breach of ASX Listing Rule 10.11, page-30

  1. 587 Posts.
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    It's been a while since the Asian investment visit and as yet there is nothing filtering through into STL price. My feeling is that loss of confidence is affecting sentiment and some of the larger sell orders seem to suggest someone lightening their holdings. Dividend not likely to boost interest much so management need to reassess share buy back scheme as well as more public announcements. The general public is just not buying the story. A share buy back will at least reduce shares on issue on future dividends. Be good to see interest again. We heard the stock was cheap at 3.6 then cheap at 3.3 and then cheap again at 3.0. Now we are hitting 2.3. At what point does it become a concern.
    Last edited by kennylca: 12/07/17
 
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