well fact is for a year running costs STX spend 3.7-3.8mill on admin-i.e running costs 2.2mill in payments towards mgmt directors
SSN spends alittle over 4mill yet SSN market value is three times STX with forwards earnings growing massively(500mill+ 2014)no debt high cash levels major J.V in place
IMHO if STX can get investors to drive the SP higher so will their admin mostly through high bonuses wages to staff ...
when you look at losses an the spend going forward from the Qtr STX is likely to have to raise more funds late first half 2012..
Just remember if your'd brought shares in STX from day one few every month etc till now your investment would be round netural while over that time
payouts to STX staff has been growing very well every Qtr the company secretary of STX made over 260k p.a 09/10 ann report..
Does STX still have over 5mill in debt ? or will that be paid-off from the cap raising
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well fact is for a year running costs STX spend 3.7-3.8mill on...
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