the rorts continue, page-2

BRR,

I don't agree with your assessment.

Here's how I see it;

We were all offered the rights deal. Many of us took it up. Now Malco & BOD are being repaid on exactly the same terms as we got (along with a few others getting the deal). They are not getting anything 'special'. And they haven't gotten any interest. If they held the convertibles, they would have gotten 10% and could convert to shares.

I think that MST needs all of the cash it can get right now and I am happy to see MALCO (existing shareholder) and especially BOD (chairman's son) and don't forget AWD showing faith in the company.

BRR, I don't remember what you did at the rights issue, but if you think the deal was so good, you could have had more, if not, then why complain when someone else gets exactly what you thought was a bad deal?

I'd rather see these guys taking a committed stake than some dodgy Filipino or Dutchess who only sell out into the market.