STG 0.00% 40.0¢ straker limited

all these things are short term bumps. the reality is this thing...

  1. 25 Posts.
    all these things are short term bumps. the reality is this thing now has a market cap of $20m. with revenues of $200m, there must be significant potential...

    this implies, as i have said in an earlier post that Investec Private equity have an investment worth approx $3m-$4. they were buying stock in aug last year, 6% for $9.4 m...

    any wonder the ceo went. the only surprise is that he didn't go earlier. he presided over a s/p collapse from $1.5 in Dec to 15c in may. i am guessing he won't be the only one shown the door.
    the major s/h is probably $40m underwater. i for one, am hanging in there to see how they rescue themselves. they have aleady indicated potential deals on the table at 'appreciably higher values'

    roll on friday
 
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