Rainmaker, no need to blame the management for the share falls. I also brought lots of STW shares at around 2.50 back to 2007-2008 and still suffering... But the capital raising give the longterm shareholders like me the oppotunities to bring the avg cost down and also a better company balance sheet. I won't blame anyone else for my own investment decisions. If you don't have confidence in the management, better to get out earlier. RIO/MQG and almost all the REIT have their heavily discounted book rebuild too. STW is not the only one at that time. With the EPS @7.32c, share price @ 80c, sector aavg PE @ +16 and double digital growth expected, I think it is only a matter of time for us to see the share price up to the dollar mark.
SGN Price at posting:
80.0¢ Sentiment: LT Buy Disclosure: Held