I spoke to a gentleman who is handling the relisting of STI. I can confirm very little progress has been made. The balance sheet ending 2013 has not been received from auditors so we must wait for that. ( a joke )It is claimed once that is done and accepted by ASX that business will move a bit quicker. So that has been the main hold up for now. They are confident that current party will go ahead with planned listing. I suggested that they should release an announcement to such reasons and not wait any longer. I don`t think that will happen. I have little faith in this being listed 2014.
To help speed this up I suggest that all shareholders contact company to encourage this matter to be promptly finalised. I am sure they do not want to be continually hassled and show them we are interested in seeing it be relisted.
STI Price at posting:
0.2¢ Sentiment: None Disclosure: Held