Rajen, I agree it appears that the picture that was presented does not seem to be the real picture. If that is the case then I hope the major shareholders lead a class action against the directors.
Whether or not that happens, I personally have written off the value of my position in STL as a total loss, I don't expect anything back. Its not a small loss for me and in one hit has wiped out all my profits to date for this FY. But its done and dusted so its time to put it behind me and move on, another lesson learned, and focus on trading my way to a profit for the end of this FY.
I'd like to see the directors get what many here think they deserve, the reality is probably nothing will happen, but imo holding on and getting bitter about it achieves nothing and only serves to distract from forward-looking focus on achieving our own financial/personal objectives.
Cheers, Sharks
STL Price at posting:
1.9¢ Sentiment: None Disclosure: Held