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About time
About time, my work trying to protect people from this scam and the incessant rampers here is done.
To all those rampers I hope you learn that trying to con others into a share because you've made a bad decision doesn't always work.
Take your losses on the chin and try a bank next time.
It's not as though an AGM report would take much writing given they do absolutely nothing.
I honestly don't understand anyone ramping this, it's been dead in the water for years and this BOD have achieved zero.
The only reason I can see for ramping it is the delusional belief they'll get their cash back.
All IMHO and backed up by a history of pointless RNS's.
No shorts here buddy, I dont do shorts at all as I find them unethical.
A bit like ramping to draw in new money in the hope of clawing back your loses.
I speak as I see fit and as someone with alot of experience of this.
I have no agenda, do you?
Absolute rubbish. What exactly is your experience for dismissing my educated response?
The dogs have been for sale for years, not a single person wants them, why?
As s Chartered Engineer who has worked predominantly in O&G for over 20 years I'd say given the abuse rigs get and the fact they are sat in rather humid conditions without having the option of cathodic protection then use I'd say they will be rusty.
Good enough for you or do you require more detail?
Any assets they have (not that much) has been up for sale for years without a single sniff e.g. the rusty rigs.
This is not a business, it produces nothing and is nothing more than a shell. Spin cycle should have been over long ago on this crock.
You are right, it shifts money out of investors pockets and into the BODs as it has done for years.
Maybe but I tend to back those with 4 legs. STA isn't fit for dog food and hasn't been for years.
You need help for gambling addiction.
Seems quiet in here, are we still expecting 5p tomorrow as all the rampers seem to have vanished yet again?
You'd be better off putting a bet on a flying pig being discovered on the moon that 5p tomorrow in STA.
I'm sure a Doctorate in Philosophy will come in handy for finding lucrative opportunities!
As for am MBA, I've never known anyone fail one.
She could do with some English lessons looking at that LinkedIn profile (which tells you nothing).
How exactly do you get a PhD with poorly written English? Ah it's from the USA, so probably the equivalent of a City & Guilds here.
Hit the nail on the head CFQ, I've been saying this for years. THERE IS NO BUSINESS HERE.
As far as I can see the only transactions they make are from shareholders walkets and into the pockets of the BOD or failing that they take other companies and even entire countries to court in the hope of keeping this sham going. All IMHO.
This should be shut down.
Pampers at the ready folks.
Any buy on this should come with free Pampers as you'll need them.
You are forgetting the 100:1 they did, so I stand corrected in your words it was £24 a share in todays money.
History and the evidence of every RNS tells me you are wrong. This is down from somewhere in the region of £18 a share as RRL to the current level of under £0.01 a share.
I dont go for belief systems, in my world evidence is king.
Almost a month on and the 5p tomorrow is looking like it's only s factor of 10 out.
Seems someone is making small buys to try and prop this up again. Rinse the suckers and repeat, normal (lack of) business has resumed for the STA Laundromat imho .
How hard can it be to do some research? At the very least read the RNS 's, they will tell you enough to walk away imho.
By all means he's not the only one, how come the 5p tomorrow brigade haven't been hovering these up? Surely they aren't just rampers with a nefarious agenda?
My advice, read every RNS, I guarantee you won't find one with any verifiable positive evidence that this company (I use the term loosely as they have no business interests) will do anything other than lose you money. All imho.