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So, it looks like Beijing Sibo , the rebellious shareholder, who have forced some extrodinary general meetings over the years, have finally got the upperhand.
Star Phoenix wanted to replace auditor, looks like Beijing Sibo said NO
Remember RNS of 23rd Nov, Star Phoenix wanted these auditors
https://www.mitchellwilson.com.au/
https://www.lse.co.uk/rns/STA/updated-notice-of-general-meeting-jplg5098vx8qkwi.html
"Wilmit Pty Ltd is a highly motivated and proactive team of professionals providing innovative"..blah..blah..blah!
So now I think we know ,who has been mad enough to buying these shares, on top of Star Phoenix employees probably selling shares themselves to top up their salaries.
Guess what, Star Phoenix have snookered themselves in....good and proper.
Can't see them getting their auditor through anytime, if they are now the minority shareholder.
Is Beijing Sibo going to complete an aggressive takeover...god knows! They do look like the dominent force now.
Whatever happens, its checkmate to Beijing Sibo,
but another DISASTER for ordinary shareholders.
STA sets a new record for the lowest SP ever. Hardly a good end to the year for current holders but yet another lesson to those sucked in recently to do some research before buying. How hard can it be to see there is no business at all here, this current BOD have done nothing at all other than suck shareholders dry.
Anyone saying otherwise is ramping it for their own immoral reasons.
death spiral...
NG
Guess who was tweeting at the same time a new poster posted here on Christmas morning at 2am………..
You have to laugh at how sad he is ……
Never mind he has finally got his just desserts after 10 years…..
He really thought he was the next Warren Buffet, with his stock picking books and multiple ID accounts promoting that massive ego……
Now all he has left to look forward to is some seagull pie……..KARMA
T1, I figured it was a certain person of the welsh persuasion, with an unnatural obsession for the colour yellow and putty.
He lost the plot along with his pension fund on this years ago as you well know, yet he still tries to ramp this, you have to laugh.
STA hits new record low!
Down from £20 to 0.45p, a new record all time low.
Where are all the buys today when the market is open? Surely someone who was desperate enough to ask how you buy after hours at 2:10am on Christmas Day would have filled their boots today? Maybe they don't have any funds due to losing their shirts on this, just a thought.
NG
9 trading hours left until the ego is wiped out, what is not to like…..
Could not happen to a more deriving obnoxious character. It took 10 years but we got there in the end.
Will be worth a celebratory glass of bubbly on Saturday……
Cristal of course……..
Luvvly jubbly
Can I have a cherry on top of mine T1?
NG
Of course you can.
All those threats from the ego warrior and it’s come down to this ……..270 mins of trading before suspension.
Celtic Warrior’s £56000 investment worth not even a decent meal for two at carluccios……only astounding fact from that is sta lasted longer than carluccios…..
Congratulations celticheart07 on blowing 56 grand on this dog, even more congratulations on keeping us thoroughly entertained with your incompetent, impotent threats….
Celtic, you are the weakest clown goodbye………..