STL 0.00% $1.90 stargroup limited

News: STL Stargroup seeks trading halt, page-31

  1. 7,289 Posts.
    lightbulb Created with Sketch. 612
    Come Monday there will be sophisticated investors who have just bought 118,000,000 shares at .028 who can now sell at .029 at a profit if they so desire, so it's going to be interesting as Stargroup will now own the Indue business which will add value to the company while at the same time the value of each share will be lessened in value due to the dilution. .

    Maybe they will have to wait a few days before they can sell these new shares. Does anybody know ?
 
watchlist Created with Sketch. Add STL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.