MST metal storm limited

trading halt lifted, page-12

  1. 938 Posts.
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    Nice announcment but I wouldn't hold out too much hope for a sustained rise of the sp in the short term. The downward pressure is still very much there from shares to be issued on draw downs. It's a typical mst boom and bust. However, what it does do (I think) is to put a bit of a lower cap on what the shorters might be prepared to force the price down to in case there is another good ann. which forces their average price up. Also, for the longer term outlook it gives us all a more realistic hope that mst is really going to achieve something and so the shares are worth hanging on to. My (hopeful) guess is that the .013 price will have been the bottom and that you will see most trading in the range .014-.017 over the next couple of weeks. It will take a major order for the price to break out above .02 - and that it will come (one day!). Of course, could be wrong though!
 
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