MST metal storm limited

Got to put the volume into perspective DeMan. 220mil multipled...

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    Got to put the volume into perspective DeMan. 220mil multipled by $000.00000001 isn't much. the entire market cap is now about $3mil although that is artificially high simply because its based on market price and the market doesn't trade in denominations lower than 0.001. That said it also excludes the fact that the stock on issue would increase multiple fold if the remaining notes were converted.

    Opportunity to sell any decent sized parcels has now ended thus the big trades rushed through. Other than reminding us of the "fortitude" that is required to be an MST investor, not sure what the CEO could whip out right now to make any difference. I believe he spent some of his ammo on a flurry of announcements during the rights issue acceptance period in order to get that across the line. As he can't simply make stuff up, I suspect he has his fingers and toes crossed like everybody else hoping that one of the prospects will suddenly call him wanting to discuss an order before the cash runs out. Assuming that they have been doing everything that they can to sell over the last couple of years, what else could they be doing now except hoping ?

    The wild card still seems to be Colt. Wonder if they picked up any cheap notes lately.
 
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