hawker,
they make plenty of announcements but never deliver. Their NTA valuation is also BS and "manufactured" by Vic several years ago. I am told their plant at skardon has not produced anything for several years and is slowly rusting away. It is likely to be scrap value now. Vic is always dangling other carrots to try and suck more money. Notice he gets paid up to $400000 even when the company produces nothing and makes a huge loss.
I spoke with a couple of brokers in Sydney and their advice is to stay away from MSC - as they don't think it will be around much longer.
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