state of dilution, page-4

Thanks ewere and pesa for your sensible observations. Sorry I haven't acknowledged sooner.

I wondered why people were apparently staying calm with a share registry in the billions - I hadn't checked this was 'not uncommon'. Still I am comforted that a future consolidation may possibly be more like 1:10 or so. I recall having a yarn with TOD at a previous AGM and he noted it would be intended to consolidate sometime - but I understood even that exercise might cost $250K or so. Yeah I can see that we don't want a consolidation anytime soon, as it could only provide a floor for potential further falls - we need a regular sentiment upwards before introducing that tidyup.

If MST can stay on its feet (and avoid early takeovers)IMHO we should remain very optimistic about value in the medium term.