STS 0.00% 72.0¢ srg limited

thoughts

  1. 7,370 Posts.
    lightbulb Created with Sketch. 455
    Seemes to have topped out fo rnow around $3 which is OK as really raced to that point. Got over 2 million shares hitting the market due to convertible notes and options expiring 30/06/07. Given STS illiquid nature of shares traded may see a drop if a few of these punters want to sell. For that reason I predict STS will make a good ann really soon. They mentioned 3-4 acquisitions, and 2 of their biggest contracts on BRR but since seen nothing. Something is due to be announced I feel. If not maybe a lift in guidance is in order. Either way next couple of weeks should see some movement one way or the other. Hopefully dilution factor is short term if at all.
 
watchlist Created with Sketch. Add STS (ASX) to my watchlist

Currently unlisted public company.

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