I just took a loss of $52k in anticipation of the SPP, with a view to buying back in via the placement, so hear ya!
Am increasingly of the view that this might be the time for micro miners, who have been bashed all over the place this year.
The annual financial statements overnight didn't warm my mood to STM though. I feel a full on rant coming on as regards nobody protecting shareholder interests
Like......
the level of remuneration for these guys... the costs of running a micro ASX listed company......probably $1m per annum, comparable with mega corps.... staff bonuses when the SP decreased by a million percent and nearly going belly up.... a termination payment of a couple of hundred k....presumably to the departing Chair....
breathe....
STM Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
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