STL 0.00% $1.90 stargroup limited

Exactly Auto. At the end of the day the market is often lagging...

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  1. 8,420 Posts.
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    Exactly Auto.

    At the end of the day the market is often lagging in its valuation for various reasons (low broker coverage, discounting for risk, waiting for cashflow positive, net cash posigtive, profitable, etc). But for those who see the potential before the mainstream coverage catches on the opportunity is there to weigh up what the company is doing and get in early if the fundamentals look good.

    Imo STL is at that stage where it is just before the broader market catches on, but also to be fair it is just at or before meeting some of those key milestones that will make the market take notice. And given that, I like STL for 2 reasons:

    1. The directors, NeolCP and particularly Todd are quite happy to keep investing their cash into the company

    2. We are not dealing with a binary scenario here - unlike a lot of small cap miners or biotechs whose SP can jump or sink based on news related to binary events, with STL we can see the gradual projection in trend over time - a lot less likely way to get unpleasant surprises imo.

    Cheers, Sharks.
 
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