STL 0.00% $1.90 stargroup limited

Ann: Investor Update, page-28

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  1. 246 Posts.
    Agree oxxa, need to keep the eyes on the prize......Cr was necessity due to circumstances out of STLs control and the dividend rightly had to be sacrificed for now.
    The alternative would in my opinion been pretty horrific - Imagine losing our instant INDUE growth mechanism and paying out the dividend.
    Think there is still negative reaction to the unforeseen big bank ATM announcements regarding fees, maybe thinking STL ATM cash withdrawal transactions will be greatly adversely effected, again all out of STLs control.
    I guess time will tell what actual effect it will have and I am willing to gamble in the positive.
    I have no doubt there will be a recovery in share price just like I have no doubt there will be dividends down the track.
    Oh and I did manage to take advantage to the selling and land another little package at 0.019, happy with that.
    I do like there holders who are selling down on occasion when I have funds become available - honestly wouldn't have thought I could still buy at these prices.
    Thanks regards
    Fish
 
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