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There are ATM,s now spread all over Australia. These have to be...

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rattle

4,142 Posts.

178

25/07/17

13:49

Post #: 26064453
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Originally posted by Autosime ↑

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

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There are ATM,s now spread all over Australia. These have to be serviced/maintained requiring armoured vehicles with driver and offsider just to mention one expense beside legal fees, lending fees etc.

STL Price at posting: 2.3¢ Sentiment: None Disclosure: Not Held
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