All of which should be worth 20 pence on the STC Plc share price and should quash any idea that STC wants or needs to cede control of ICL to a third party – a minority 20% to 25% remains much more likely: it is clear that ICL is the one part of STC that is firing on all four cylinders right now, and the company continues to give the feeling that it really has accepted that cost-cutting is not a once-for-all-time activity but something that has to continue relentlessly month in and month out; there is still plenty of unexploited mileage in the Computer Consoles and Datachecker acquisitions in the US, and ICL is positioned to talk to any of its continental siblings from a position of strength – but what happened to the price of STC sharesyesterday? You guessed – they simply dipped a penny to 249 pence.
