STL 0.00% $1.90 stargroup limited

One million options converted at 1c and probably sold at 4c+ for...

  1. 10,605 Posts.
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    One million options converted at 1c and probably sold at 4c+ for a quick $30,000+ profit. Nice work if you can get it...

    Still another 10.5 million where they came from to.

    Bigger worry is that the cash situation is so opaque. There is no way of telling how the autoteller business is going as its not consolidated into the ICP accounts.

    One presumes that the quarterly cash wnt up because interest went down but I doubt its that simple because the numbers on their own wouldn't make sense.

    There is not a whole heap of cash here as a margin so one would iagine that the directors would e hoping for some sort of Indian summer in the stock market to get another raising away...
 
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