STL 0.00% $1.90 stargroup limited

Guys - there are lessons for all of us . Myself included . If I...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 15,774 Posts.
    lightbulb Created with Sketch. 268

    Guys - there are lessons for all of us . Myself included . If I think about it now - with the benefit of hindsight , a major shareholder CEO spending time selling the message on HC is probably a warning bell . Roadshows that involve retail holders is also not great. At the time I thought it was a case of too small a market cap to warrant interest of instos, but I should have known better. As I said I consider my limited damage mostly luck and a bit of sceptism and cynism, but in the end this was not a case of misreading company info . As I said compare ASX announcement of revaluation of assets to audited result a few weeks later. Compare positive cashflow preliminary report to negative in Annual report about two weeks later . A 2 m turnaround is not a ronding error.
 
watchlist Created with Sketch. Add STL (ASX) to my watchlist

Currently unlisted public company.

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