MST metal storm limited
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BRR,If you view the options as worth 0.1c and the stock worth...

  1. LTInvestor
    561 Posts.
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    03/12/10
    11:27
    Post #: 7562873
    BRR,

    If you view the options as worth 0.1c and the stock worth 0.8c, then the rights issue was worth 1.1c, giving those who took it up a 'theoretical' 10% profit.

    Perhaps if you offer them 0.1c, they may accept it. I would have thought some would sell for 0.2c or 0.3c (50% & 70% profit respectively on the RI). I would DEFINITELY be prepared to part with some at 0.5c, but I guess, right now, that would bee a bit rich.

    Any other opinions on value?
    MST Price at posting: 0.8¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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