MTC 4.08% 23.5¢ metalstech limited

Ann: Quarterly Activities Cash Flow Report, page-3

  1. 545 Posts.
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    It is hard to make ASX statements when things are not resolved. @patience, patience is the word, it appeared in the last release before the compulsory quarterlies that there was some kind agreement to be made between ASX and MTC as to how the next step was to be done (if I read it correctly). However we do not know whether that process is still ongoing or whether other bidders have come forward for discussions prior to finalising or whether the bidder is getting cold feet. It would be helpful if we had some advice/indication from MTC as to what the hold-up may be. The longer it rolls on without information, the greater the doubts can grow. At this stage all we can do is wait. Altered my sentiment to none at this stage - you cannot buy or sell anyway.
 
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