GiddyYup
My summary of your 'main theme' highlighted two paragraphs which was enough for my purposes. However I wasn't suggesting you needed to be more concise - I really appreciated the time consuming full 'plain english' outline you gave by writing all 14 paragraphs. Well done again, many of us needed your thoughts detailed to that extent. The only thing you didn't offer was which calibre has the necessary firepower to 'shoot the cow'! Heh heh.
However, I see no merit in bleeding about possible historical 'no' votes that 'might' have been taken. It's a numbers game anyway.
Also, we agree that it is likely in nobody's interest to shoot the cow. So for now, I am more focussed up on the future from here, and your sentence 'disenfranchisement of holders of their equity', which is still an uncomfortable concept to me.
We need to take on board metooaswell's observation that other parties as well as ASOF are presumably looking at investing in MST, which would presumably change the dynamics in some undefined way? IMHO we need Company announcements on this so it can be factored in better. Maybe they could be more forthcoming about this type of issue around the time they can explain the alleged 'breach' that ASOF were on about.
One example about other companies wanting to invest could revolve around Colt's recent loss of exclusivity on the M4 carbine design and manufacture. I understand this means other manufacturers can now tool up to make the famous M4 in competition with Colt. OK so if MST has a Maul deal with Colt, there may absolutely be opportunities for Maul deals with other new M4 manufacturers, not to mention other weapons. That said, I realise this example of investing with MST is about later cashflow in general (more contracts help shareprice) but is probably not directly related to the IMMEDIATE concern above about the very fabric of how MST survives with ASOF and/or other partners, and how the shareholders hold equity going forward?
Your last point that maybe shareholders do not really have an advocate to get them a better deal is also worthy of some more thought? I know it's kinda one minute to midnight, but any thoughts or other share market experience about due process there? Do you mean a formal shareholder rep on the board or something?
LIke CJS said, I guess this will unfold in mid January or a little later, rather than over Christmas.
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