another annoucement from mst

Another WTF announcemnt from MST. This reminds me of the time one of my tenants claimed he had banked in the rent money in the wrong bank - and disappeared weeks later.

I don't think its an effort to prevent MST from seeking other suitors in the same way as if someone offered to buy your house - it doesn't preclude you or your agent to seeking other buyers.

Having said that - MST must really been in the dumps - its been in contact with numerous Armament companies from General Dynamics to Chartered Industries in Singapore (The weapon company not the semi-conductor) and so far no one has put up their hand to take a stake in MST. There was a deal with a South American firm for hand guns - but whats happened to that?

Still - there are considerable buyers for the stock. 12+ million to buy - which seems incongruous given the precarious nature of MST's financial fate.

But yeah this new suitor does really seem dodgy and exudes the kind of odor conducive to conspiracy theories.

If MST does fall, I hope that the ASX does have a good look at recent events - esp. the recent transactions following MST's rise.

I've been trading MST stocks off and on since 1999. Made some, lost more.