MST 0.00% 0.1¢ metal storm limited

outcome of creditors meeting, page-14

  1. 293 Posts.
    Humpy , an announcement will hopefully explain the situation now ? I thought a .001 SP is as low as could traded on ASX ? Maybe not.
    2M shares at .001 is $2000., 2M shares when diluted two decimal places is $20.
    Either that or the SP remains at .001 and the shares are diluted so 2M shares is the 20k shares . ie 20k by .001 is $20.

    If this happens ASOF will aquire the remaining shares on issue. I think that would be very likely hopefully Im incorrect.

    Nothing has been mentioned about the Non interest bearing notes ? PNG etc .
 
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