STL 0.00% $1.90 stargroup limited

External Administration, page-32

  1. 15,774 Posts.
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    Kepo
    You called it right . Well done. As I always say, those against you are the ones who although annoying can often save your bacon . I got out almost entirely as I found the MD too much like a sales man and the debt profile become way to large. What also caused some concern was the difficulty of acquiring debt , and then after that drama they were forced to do a CR and then they followed up with more debt. Your posts and those of private person all added to the feeling of uncertainty. Although I didn't imagine this as the outcome I sold as I thought more dilution was going to happen to strengthen balance sheet and cap upside . I was fortunate for the DCC JV announcement as it allowed me to sell a good chunk and options I got from the last CR .
 
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