SN was criticised by many for rapid direction changes, hyping up projects, over spending etc
Now we have a situation were management have clearly communicated an interim plan and sticking to it, minimising spending, no hype. We may see a positive quarterly cashflow?
Its boring AF. Is our CEO and BoD earning their $, thats why we are getting upset, they may, they may not? SP is languishing. But quarterly may be well received by instos? SE peaker is progressing, its cemented in whether holders like it or not, unless sold off.
We still have a good chance of a solid boost when ED numbers change from 2U to 2P.
So we just hold tight.
And wait.
And hopefully Fanta face does send the world economy in the toilet.
STX Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
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