ST1 1.56% 6.3¢ spirit technology solutions ltd

Ann: Results of Meeting, page-7

  1. 7,359 Posts.
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    Thanks Tony , good to see two of us following a stock , if an insto invests it has two normal tests ,

    1. Market cap ( irrespective of shares on issue )
    2. Liquidy - the most important test ( ie if i had to sell how many days would it take me to sell on market )

    We were just getting liquidity to a level where institutions would be interested as the company is sound.

    Now we will have the liquidity of concrete thanks to the wisdom of those that " know better " effectively barring an investment by a fund until liquidity improves.

    More than 30% wiped off the value since the announcement.

    I have reason to be pissed !!!
 
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