STU say they are applying for a licence in Angola. This is stupid.
I have worked in Angola for 5 years. My contacts are excellent and my proejcts worked although cash negative. STU will put their funds into a black hole. I told them this, they do not have the courtesy to reply.
I own 150,000 shares in STU which I bought at prices at or below $1.30.
The day STU go into Angola I will dump every share I have because STU will be sucked into costs they have no idea will be incurred.
For the shareholders sake STU stay with what you know. Don't go where Angels fear to tread.
STU Price at posting:
27.5¢ Sentiment: None Disclosure: Held