STL 0.00% $1.90 stargroup limited

Morning All, We must be due for some reasonable activity soon...

  1. 531 Posts.
    Morning All,
    We must be due for some reasonable activity soon .... I was re-reading the EGM booklet (good cure for insomnia) ..... ICP have to pay $2,000,000 by 31/12/2007 to complete the Vibrant Link / Transact Group transaction, so we should see some news regarding placements in coming weeks I would assume .....on current sp it would need to be in the order of 25-30 million shares to raise the $2M (based on the 20% discount) leaving 40M odd still to be placed . Next weeks 4C should show us Septembers numbers and cash position.

    As always dyor....
 
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