SST 0.00% $13.75 steamships trading company limited

well it looks like the proverbial mule train supplying the...

  1. 3,062 Posts.
    well it looks like the proverbial mule train supplying the resource boom from o/s investment--the really interesting bit
    98% of shares are held by three shareholders of which one holds 72%,its not really surprising the market has missed this company whose parent is John Swire & Sons Ltd,presumably they hold the 72%.

    and the last point this company is dual listed on the Port Moresby exchange and ASX yes its operations are in PNG full of perceived sovereign risk,recent news of ongoing and perhaps
    growing violence from minority groups in PNG do not provide a favourable background for building confidence
 
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