Market analysts take dim view of Ster-Project's investment in Prokom shares

The figure did not come out of the blue. It was the highest sum Ster-Project's president Piotr Smólski could invest without mentioning it in the company's current report. Company policy requires notification only when spending reaches more than 10% of the business' own capital. The move was not welcome by stock exchange analysts who questioned the purpose of the transaction and warned against a loss in the company's credibility. This is mainly due to the fact that last year's public offer was to be spent on extending the capital base and not on any other investments (Parkiet p.3 M.G.).