MST 0.00% 0.1¢ metal storm limited

stop the churn - have a rights issue, page-2

  1. 2,793 Posts.


    PearTree, many of those in the line at 0.001 will shift their bids to 0.002 like flies to a three course meal once one or more of the expected announcements arrives, because it will simply be game on for the company - until then, the churn is just a fact we need to accept, which will in due course be a thing of the past

    otherwise the 'selected investors' were/are the ones with lots of money who were prepared to take the risk -- and thank goodness they did, and thank goodness management substantially tidied the captal structure recently, otherwise yes, it would have been be a horrible state of affairs with so many big holders in the same room, squeezing older long term punters out of existene/releance -- now it is a good state of affairs with so much debt being retired, where at the same time a great deal of anticipated dilution has now been taken off the table - an amazing and quite unexpected effort on the part of management - cudos


    good luck

 
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