'As for Stargroup’s nasty share price tumble, Zani attributes the selling to retail investors who don’t understand the business model. In reality, he says, there’s little risk of the fee-free bank ATMs siphoning business from its own machines'
So there was no dumping of the placement stocks by SIs when this spike briefly over 3c and thereabouts a few weeks back? What a load....still blaming retailers huh
Also seems like Zani and family have lightened their holding by about 50% since 2016 (from about 16% to 8.9 %). So wheres the belief in the much touted 'business model'?
Still finding a bottom and 9 mill in debt, and possibly a CR to come.....
STL Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held