MST metal storm limited

perspective, page-18

  1. 938 Posts.
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    All this talk of a takeover? There is no single shareholder in a position to mount a takover bid. It would have to be some organisation coming in out of the blue and offering to buy the lot. Also, they would have to take into account Harmony & the other noteholders & come to an arrangement to pay them out and that would not be cheap I expect. With the now relatively diverse & fairly wide spread number of shareholders it would be hard to get approval for a takeover unless they already hold a high proportion of shares - and that isn't the case for anyone. There may be people accumulating but it isn't for a takeover, just normal speculation on a cheap stock which has a slight chance of being a big moneymaker. It could all just be a big merry go round!
 
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