Ann: Update on adjournment of AGM, page-25

your exact words before your exit


Hi folks
Funny how we see SP as a measure of company progress or health . A stock this small gets driven up and down by us . We all got excited when it spiked a few months ago and we didn't talk about profit etc . It was going to 5 and 7 c we all said. Now it's fallen back and everything is an issue ,
Performance shares, SI buying even though many like me where shareholders and supporters .
Now I agree revenue growth isn't the right measure and earnings and cash flow are more important but what is lost in this discussion is that STL has been an a growth acquisition phase and these actions have signifiant short term costs such as legal fees, lending fees etc . I think this year 17/18 will show the earnings of the business and I think the stock will rerate accordingly