Hmmmmmm.... while there is a bit of a pause on this Forum, I have been reflecting on the current optimism for MST, as stated on this Forum. I don't know how informed some of the optimism is, but I hope it largely comes to fruition?
However, I thought I might take the opportunity now to double check some background facts I understand about MST. Apologies in advance if I am not as informed as some.
I am thinking there is now about 3 billion MST shares out there - giving a current market cap of a lousy $30million at $0.01 (1 cent) per share?
Would 3 billion account for the known convertible options as well?
Is the number known for recent new unlisted 'rights' options at 1.5cents issued (which may/may not ever be exercised)?
I got confused with all the placements made in exchange for funding in the last few months. Am I still correct in assuming that MST still have 'guaranteed' funding in place for the next 2 years?
By 'guaranteed' funding I mean that MST 'cannot' become insolvent/go bankrupt before any looming takeover if that happens within the next year or so?
Would appreciate some informed feedback or corrections to clarify all this.
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